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All Forum Posts by: Meir Preis

Meir Preis has started 2 posts and replied 13 times.

Post: Short Term Rental Cabin

Meir PreisPosted
  • Rental Property Investor
  • Baltimore
  • Posts 14
  • Votes 4

Congrats on the acquisition! Why did you have to obtain a business license?  

Post: STR Smoky Mountains

Meir PreisPosted
  • Rental Property Investor
  • Baltimore
  • Posts 14
  • Votes 4

Congrats on the purchase!

What is the monthly rent that you are going to be asking for? I am new to BP and have been running a few deals through the property analysis calculator and it just seems that unless I buy a property for less than 300k that I can't figure out how to get to a positive cashflow. 

Post: Creative Finance to STR

Meir PreisPosted
  • Rental Property Investor
  • Baltimore
  • Posts 14
  • Votes 4

Congrats on the purchase!

What is the monthly rent that you are going to be asking for? I would assume that the monthly mortgage is hefty based on the loan amount and I am curious how to generate enough revenue to exceed the monthly loan expense. 

Thanks