Purchase price: $290,000 Cash invested: $100,000 Elizabeth Lake Property that was initial just a base hit property ended up being a huge win.

Your note would be $650k so you’d be receiving $45,500 in interest annually initially, and paying out $13,500, so net to you is $32,000 annually in interest.  

But, those of us who have been in the rental game for more than a couple of years know that cash flow is a myth with most rental properties no matter what the initial analysis shows.

Hey Polynne,Best of luck as you initiate your investing journey!

That said, the initial investment might be higher, and managing an older property here could come with its own set of chalenges.Subs: Naperville, Glenview, and Oak ParkOn the other hand, suburbs like Naperville, Glenview, and Oak Park offer a different kind of stability.

I was initially leaning toward BRRRR since the equity would give me a kickstart for that process.

I emailed them initially to stop the auto-renewal from occurring.

I see firsthand how crucial it is for owners to stay vigilant and informed about how their rent is calculated—both during initial lease-ups and at the time of rent increases.I can’t believe this is happening, but I’m here to ensure you receive the rent you truly deserve. 

If you want to see the original booking length, you might need to look for a column like "nights_booked" (if it's included) or calculate it by combining "nights" and "m_nights_altered" values to get the initial booking duration.This setup allows you to track changes in bookings over time, which can be especially useful for analyzing trends in stay modifications.

Initial cleaning fee if needed (may do it myself if possible)5.