The other way is called the Enemy Method, where you go to Airbnb and Vrbo, look at your direct competitors, and figure out how full their calendars are, at what prices, keep a tally of their income, and make a guess as to their yearly gross.

I have found lots of heirs with that simple method.

I'm using the ENEMY method, AirDNA, Mashvisor, Revedy, and Pricelabs for comps and analysis.I was able to select the market and community that is marketed as vacation rental homes and most of the houses are set up as STR.

As your real estate empire grows, consolidating loans into one could offer better terms and streamline management.Overall, your method of buying, living, and then converting properties into rentals is a strong, scalable strategy for building wealth. 

So I made a compromise with myself, instead of putting that $100 directly to my principle, I'm opening a brokerage account that will have $100 deposited into it automatically every month and invested in index funds using dollar cost averaging method.

Google and use the enemy method.

There's no seller resistance 9 times out of 10 and I get these properties 30-40 cents on the dollar.If your wholesaling this is def a method you need to implement in your business.

I am trying my best to be methodical about where to invest out-of-state, so I made the following criteria:Population: >800k people in 2023 (based on https://en.wikipedia.org/wiki/Metropolitan_statistical_area)Population growth2020-2023 Population growth >5% (based on https://en.wikipedia.org/wiki/Metropolitan_statistical_area)... 

Adapt, evolve, and stay laser-focused on your vision.Let's do this!

Hey Everyone, I'm a HVAC/Mechanical contractor in the Upstate of SC and looking to start building an investment portfolio using the BRRRR method.