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6 October 2024 | 26 replies
I don't think it is that accurate sometimes, but combined with the review on the 2 OTA's, you should get a pretty good idea.You can also go to Awning.com's estimator - https://www.awning.com/airbnb-estimatorIt is free and pulls the same basic data AirDNA does.
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11 October 2024 | 30 replies
The mountains aren't going anywhere and this is still the busiest National Park in the Country (busier than Grand Canyon, Yellowstone, and Yosemite all 3 combined).
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2 October 2024 | 3 replies
There is a reason they are rare - they are extremely one sided and it’s not to your advantage
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4 October 2024 | 8 replies
Hi Brian,You're on the right track, but to determine if you're truly generating cash flow, it's important to look beyond just your mortgage payment.Here's what to consider:Income: You're receiving $2,100 in rent, which is great.Expenses: Besides your $3,232 mortgage, you likely have other expenses like property taxes, insurance, maintenance, utilities (if you cover any), and potential vacancy costs.If your total rental income exceeds all of these combined costs, then you're generating positive cash flow.
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4 October 2024 | 12 replies
Water is rarely in the tenants name and that leaves Gas.
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4 October 2024 | 8 replies
However, if your spouse qualifies for REP status (for example, if they are a stay-at-home partner), you may be able to apply the losses to offset your combined income.
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6 October 2024 | 33 replies
There are DSCR Lenders that will lend that low, but to be fair, its kind of rare right now on that point
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4 October 2024 | 12 replies
However, these are advanced techniques that are rarely as easy as they sound, and they all come with additional risks.
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3 October 2024 | 15 replies
House hacking is the most powerful way to get started in real estate investing, and it sets you up for success because you learn so many things: dealing with contractors, how to screen tenants, lease negotiation, but most importantly, your goal should be to reduce or eliminate your housing cost, and there are a lot of ways to do with house hacking depending on your flexibility with strategy: rent by room, Section 8, mid-term rental, STR, etc, and you can combine multiple strategies too.
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2 October 2024 | 11 replies
Do NOT use beenverified for this as it rarely picks up everything.