This iterative process is an effort to improve to estimate’s approximation of what is actually happening in the economy, but also means the “final” number can change multiple times.It often does.The BEA releases 3 quarterly estimates for each quarter’s GDP: the advance estimate (typically about a month after the quarter ends), the second estimate (two months after), and the third estimate (roughly three months after).

That's a better idea, yeah.This is my second iteration of this spreadsheet - my first iteration treated my rent price as a function of the asking price, and upon reading more I learned that that's a horrible way to think about it So, I'm making progress! 

Also, keep track of your processes and lessons learned—your “mistakes journal” will be one of your most valuable tools.If you can, attend local REI meetups or Texas-focused BP events; meeting other investors and property managers will help you build relationships for future partnerships or mentorship.Excited for you—this is exactly how many successful property managers start: learn, implement, iterate, and expand.

Many serious investors are increasingly bypassing traditional agents and building leaner, more agile systems that give them direct control over their portfolios.

I’ve also started leaning more toward DSCR and private money where the terms are more predictable and turnaround is faster — even if the rates are a bit higher.It’s a tough environment, but it’s teaching us all to stay agile.

As I was once told, you want your experience to compound, so dabbling in things never makes you any better at anything, you want to iterate on things.

And to not having to live next door to a tenant, because when you do that, guess how often and easy it is to just go next door and knock for for for, it is the ultimate iteration of bringing your work home with you because you home IS work, 24-7. 

This is what everyone I know in these shoes does, some iteration of equity cycling. 

Plus, no matter what happens Mark is my guy down there and I told him if I ever made a personal comment about his relationship, to tell me to stick it.They always lock the gate at night so no one can drive on to the property and to keep the guard dogs in.Later while my wife and I were driving and checking our storage units, I called Mark to re-iterate we had heard about this and to let her know we will never get involved in their affairs.He said. 

I have tried so many different iterations for the numbers, and nothing seems to be working.