Taxes 10k HOA is 9k The current owner never did short-term rentals.

I'm assuming you are arriving at your cash flow number by applying Gross income - cap ex, maintenance, utilities, vacancy, tax, insurance, mgt, landscape/snow & Debt service?

@David R Pustelnik recommend you first focus on raising the rent for the first time in 10 years.By the way, how much have your property taxes and home insurance gone up since this tenant moved in?

And she’s the one that released the latest tax rates and year to year comparisons in September of 2024.

I do have a silent investor, but when it comes to securing funding, it often feels like I’m navigating it alone.

Remember, they can always refer themselves😊Now, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who do they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that can’t take care of their house anymoreHas a house they’re having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?

Do I just have to go by the actual numbers like revenue from last owner and taxes?

Hey @Thanh Lu, we don't do much direct bookings but we do have a $500 security deposit.

If you decide to sell and find an investment property with a greater cash flow potential.A 1031 exchange would allow you to indefinitely all of the tax and use it to your advantage to reinvest into larger nicer property/properties.

I am told that they did not have closets as they used to be taxed on rooms that had closets.