As mentioned, the good ones get $20 or $30 per month increase on 6mo lease, bad tenants get $100 or $200 rent increase.As you are doing exterior renovations, start interiors as tenants move out.

There just simply isn’t as much money to be made for the average Host in 2024.This increased competition, lower rates and occupancy, overly optimistic underwriting and lower travel demand post COVID travel boom does warrant a reasonable label such as “Airbnbbust”.TLDRThe environment has fundamentally changed and operators have had to do a lot more than simply list a property to profit heftily.

We have stared the project about a month ago, completely new interior including adding new HVAC all new electrical, flooring, cabinets, tops and so on along with new driveway exterior paint and some siding.My contractor is also an investor, so we were lucky there, good insight to share and also, he has lots of leads for renters.But he is NOT a good photographer LOL. here are some progress pictures .Also, I will like to share that we are closing on one more single-family property early next week and we have a duplex under contract.

Is the tenant responsible for all interior and exterior pest problems or is it strictly interior?

Median asking prices in 2024 are at $734,950, an increase of about $35,000 from last year.As small multi-family investors in Queens and Nassau get outpriced, they, like traditional homeowners, tend to travel East or North.

Traveling healthcare workers often work 2nd or 3rd shift so blackout curtains and a sound machine are nice.

Agree, with Michael it's the lock since it's exposed to the exterior temperature and not the hub. 

BRRRR, flips, long-term buy and holds, high cash flow, good potential appreciation in the right areas, mid-term rentals (many traveling nurses come here because of the Cleveland Clinic), Air Bnbs, etc.

Hi, What do i I need to write off travel that is used to look for a property to invest in?

For context, in Orlando, we’ve seen fluctuations in tourism and a growing demand for long-term housing, possibly due to economic factors and changes in travel behavior.