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12 November 2024 | 7 replies
It has a lower turnover than STR but can bring in higher rent than traditional leases.Co-Living Arrangements: Renting rooms individually on a month-to-month basis could generate more income than a single long-term lease while reducing management hassle.Furnished Long-Term Rental: A furnished rental could allow for higher rent and attract tenants who don’t want the STR commitment but still value flexibility.Partner with a Local Boutique STR Manager: Some local companies manage STRs with lower fees than Airbnb's traditional managers and could help keep profits up without 20% fees.Hope that helps you with your decision!
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8 November 2024 | 53 replies
At a new member class, a random lady said that she had the gift of prophecy.
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14 November 2024 | 21 replies
My advice for beginners is to start with turnkey rental properties that generate steady cash flow.
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8 November 2024 | 3 replies
Hello everyone!
I've already done some small time cold call mailers to some local multifamily homeowners in my area. Right now, if I see a house I like, I'll take down the address and search it on my town's portal to...
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10 November 2024 | 0 replies
It consistently achieves 95-100% occupancy as a short-term rental, with nightly rates ranging from $350 to $550, generating substantial cash flow.
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9 November 2024 | 1 reply
I added value to the deal by completing cosmetic repairs, allowing the property to be rented quickly and generating immediate cash flow.
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11 November 2024 | 6 replies
Can you still generate tax free cash flow with deductions?
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9 November 2024 | 9 replies
This means that I don't need to transfer random amounts of money to another account to pay a mortgage because the tenant on that property is late paying this month or other nonsense like that.
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10 November 2024 | 1 reply
After completing the renovations, the property became a long-term rental and is now generating steady income.
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8 November 2024 | 31 replies
Boomers are also the wealthiest generation of all time, making assisted living the most affordable of all time.