It is equally as important to know what your vendors insurance does and does not cover.

I know this is pretty conservative approach, but some of this is tied to our spiritual beliefs on interest and leverage.

Then it has two equally priced tiers at about $100/year, each of which offers a few features.

I tried new tactics, kept up with changes in the market, and changed my beliefs as needed.My motto became "always learning."

I get a leasing fee ( equal one months rent) and 5% of the collected rent.. however I get no pay for raised rents ( which I determine and raise yearly) nothing for repairs or work done to the apartments. so its basically the 5% and leases.. and since I took over we went from 30 % vacancy to we are at full capacity with a wait list, and I raise the rents by almost 70% in the last 5 years. ( yes you read that right) .

Contrary to popular belief, this is not set because I believe it will give me a higher return.

Are those insurance rates equally expensive/becoming uncovered?

Saved $1,000 per month in monthly housing costs.Step 5: Saved up the cash flow money and bonus money from their work.Step 6: Bought another condo $250,000 in a HCOL city that cash flows with 5.5% rate and 25% downStep 7: Raised rents on all 3 properties to market rate equal to $5,800.Time to complete: 9 years.Cash flow went from $300 to $1500 per month.Properties valued at approximately $925,000.

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

Not all STR's are created equal Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?