Based on that, do you anticipate increasing or decreasing your investments?

The neighborhood has seen a lot of revitalization in recent years, with an increasing demand for both residential and rental properties.

I think you're missing another point-- if rates increase.

This eliminates the problem of increasing your debt and damaging your credit score.

I focused on adding modern luxury amenities to increase the property’s appeal to the high-end market.

I've added a few things for very minimal cost that guests really love and increased revenue ~34% year over year.

Accessory Dwelling Units (ADUs) are an increasingly popular way to generate additional rental income on an existing property.

The BEST method for real estate investing is very simple: increase earnings, reduce expenditures, save, and invest from your own funds.You should focus on increasing earnings and learning how to manage your budget.

Seller is the Agent.Seller bought property in January of 2023 for $730,000Current “As Is” Value : $770,000Target Acquisition Price: $730,000-$780,000 After Repaired Value: $900,000Repair Estimate: $120,000Initial Offer Amount: $715,000Loan Program: Bank Statement Program.Total Estimated Monthly Payments (Principal, Interest, Taxes, and Insurance) $5500/month (based on $770k purchase price)Estimated Gross Yearly Income from Short Term Rental: $160,000 (65% Occupancy, $700 a night| (STR Listing Comparable properties Listing 1 Listing 2 Listing 3)Net Monthly Income after management and taxes: $11,751.25Net Monthly Income after Mortgage Payments: $6251.25 ($75,015) Per YearTotal Cash Investment: $297,000 ($177,000 in down payment and closing costs and $120,000 in repairs)Average Yearly Return on Investment: 25% yearlyAverage increase in property value per year: 5%Average increase in booking revenue per year 7.5%Property Value average after 10 years: $1.5 millionTotal Cash received over 10 years: $1.3 million.Total Equity multiple min over 10 years: 6x total return on $297,000 invested.

They have increased in value, and our rents have increased by more than 45% overall.