IF YOU READ THIST POST Unfortuantly, after chatting to a lot of my Bigger Pockets peeps, and people within the Boostly Community most hosts are completely unprepared for what’s about to hit them.This isn’t hype — this is how every major global sporting event plays out.

What do you use to help you track on a daily basis?

The date you spend vs. the date you refi affects what’s deductible and when.4.

I was an REI before I started it, and immediately noticed most REIs didn't have a great hold on their numbers and/or managing their cash flow.It all starts with having proper bookkeeping in place at the entity-level, property-level, and sometimes the door-level.

I’ll be straight up, I really don’t have any insight on the Fort Lauderdale short-term rental scene.

Hi everyone, we’re closing in on year-end, which means now is the time to make sure your financials are clean, organized, and up to date.

How about broken assignment chains, paying attention to BPOs where agents filch old pics from the MLS and never visit the property, not reading the collection notes, not having boots on the ground check the place out, not using social media to stalk the borrowers, letting your servicer set the collection plan, not being up the servicer's behind...and the list goes on. 

If it is a scope like tile or flooring I have them also do a room before moving on to the next room to review quality of work.Also, I have asked to go see their home, several in the past never finished projects in their own home and quality was shotty - that was an easy pass using them.

It means we have to genuinely care about the RE industry and our local market by adding immense value to folks without expecting anything in return.Another way to attract clients is door to door.

The IRS taxes the portion of gain equal to your depreciation at up to 25% (federal), and the rest at capital-gains rates.