It's backed by data from these companies and the rental I have in Denver that I'm doing this on now.

The IRS uses material participation tests to determine if you are actively involved in an activity.

Sold to tenant before having to pay capital gains tax (extended occupancy test due to military move).

If I had to choose, I would always prefer cold calling over texting for this approach.The two best strategies I’ve found are inbound methods: direct mail and Google Ads.Direct mail can be expensive, but it can also yield highly discounted properties.Google Ads, on the other hand, doesn’t require data extraction like calls, direct mail, or texting.

Parth,Based on my data reports YTD 2024 going into 2025 for STR,1.

The study from some Florida Atlantic University took historical price change data from Zillow and compared it to current trends. 

Then, you'd use the data on Airman or similar services to determine whether the metrics fit with your personal investment/return objectives.

I personally recommend doing a small project together first to test the waters. 💡4️⃣ General Tips: If you're partnering out of state, legal agreements are a must.

Less risk if you use a data-driven approach, and a great way to get a feel for the numbers before you commit to owning.

Does anyone have advice for the following:Is it a good idea to explore whether to rent out multiple rooms in single-family residences for the purpose of acquiring adequate cash flow:Does BiggerPockets Pro provide a way to find demographical data on specific sources and motivated sellers?