I have harped on this point continually, but many investors limit themselves and their wealth building because they do not educate themselves on three foundation principles necessary to understand and utilize the most effective wealth and estate building tactics and strategies in real estate.

These are true STR expenses listed, not the typical “oh, you just have to pay for your mortgage and utilities” logic some “gurus” teach.

They have all utilities on the property so we use electrical and then every couple of weeks we run a water hose to an external tote we use for our water.

The rent is $2345+$50 pet fee excluding utilities.

There is capital in the system to be utilized. 

Do you have zoning permits, building permits, utility approvals?

Here’s a short and incomplete list of ways I’ve either utilized myself or financed investors who utilized to create a high cash flow investment. 1.

That's three months of mortgage and utilities, the cost of flooring, and the cost of painting.

I was renting at a price point that I could afford as long as I received help with utilities, but that ended this year and nothing else has opened up, yet.

I've been thinking about how to best utilize my current residence.