This includes a 4.2% increase in rent costs and a 2.5% increase in homeowner's equivalent rent.New Residential Construction Data: Housing starts increased by 3.6% in May 2024, reaching a seasonally adjusted annual rate of 1.72 million units.

Enjoy a $3,690 Market Value for Rents and potential $10k annual cash flow.

Some folks will argue properties are typically taxed less than their fair market value, and that may be true, but it's the amount of annual taxes your pay (regardless of actual value or assessment) that will affect your bottom line.Additionally, until the recent market correction both property values and rents have increased at a rapid rate.

In both cases it wasn't the judgment amount that was the wolf at the door it was locking up everything they owned as well as their bank accounts for what at first appears to be an unknown amount of time, but worked out to be about 90 days.

Here are a few:  $8k vs. up to $76,500 (up to $30,500 can be Roth) annual contribution limits over 50. 

AT LEAST annually,   for tenants you don't trust or who are new,  consider finding a reason to come in after the first 3 months or so,   then 6 month intervals until you decide if they are trustworthy or not.   

During this 70% of the time, they individually took participants out to the lobby to have one on one talks about their personal situation and reasons for being there and also to push their $35k Diamond Level annual membership.

But if not then you'll be creating a ratio of the annual rent to the cost of the asset - $350K.

The annual insurance cost of $300 is way too low, I'd add another 0 to that.

In fact on average we consistently support a dozen or so coastal STR investors annually acquire and launch five star AirBnB's. - Pacific Wonderland.