This is the value of location and holding on to real estate for a long time^Everybody wants to do the next sexy BRRRR deal and invest with zero money and do a flip and make 200 grand.

I've been renting out for the last 2 years using that systems (room by room) and it works - gross rental yields at 10% in some parts of Lisbon underserved. 

Emerging markets can offer more value and room for growth, especially for smaller investors aiming to maximize their returns.

Did they just come on the market or have they been sitting - might have wiggle room on first offer being sent for both.

Specifically converting a building with Class B rooming units to Class A apartments.

I've also taken pictures of each room so I have proof of the state of the furnishings etc.

Lacey asked for $20K for furnishings and another $10K to convert the garage to a play room and add a pool heater.

We calculate gross income as all dollars coming in except taxes.Our clients gross revenue is the room rate (top line) expenses minused out and then they receive their net income.Net profit (or loss) would be then when they subtract debt service, property tax, insurance, utilities, etc.

For the location we would get a flat fee and a guarantee for booking for all rooms in the place.  

In my experience, I don’t usually see a huge advantage to renting by the room.