Lina Truong
Please help me get started for mid-term rental investments
15 January 2025 | 18 replies
Hi Lina from Texas-Congratulations on your interest in investing in mid-term rentals and you are wondering how and where to get started.I get this question frequently from investors.Sometimes and investor is looking to keep their property cashflow positive as insurance and taxes have squeezed cashflow by turning units into mid-term or short-term rentals.First off, ideally, the property will cashflow as a long-term rental should something disrupt the mid-term rental model.You will also want to have the property be near where there would be a demand for mid-term rentals (hospitals, universities, research centers).Monthly rents for mid-term rentals are about 20% (+/-) higher than unfurnished similar long-term rentals.There are property managers that will manage mid-term rentals for you and I always advise my clients to use property managers to keep their investment as passive as possible and for compliance issues related to Fair Housing Laws and local regulations.To Your Success!
Ryan Ruppert
Shopify for own STR website?
12 January 2025 | 5 replies
Although I’m guessing most people in this position would use Wordpress or something more customizable.
Gamal Harding
Columbus Lands Another Large Tech Firm! 4000 Plus Jobs Coming
16 January 2025 | 0 replies
This move, representing a $900 million investment and the creation of 4,000 new jobs by 2035, positions Columbus, Ohio, at the forefront of technological and economic growth.
Cindy Shiblie
Thoughts on investing in Little Rock
15 January 2025 | 8 replies
Does anyone have any positive or negative experiences?
Robert Loebl
Is Albequerque a solid cash flow market?
6 January 2025 | 2 replies
Are you generally seeing cash flow positive deals from day 1?
Jordan Meltzer
Where to invest my cashflow?
15 January 2025 | 6 replies
I’m ideally looking to buy that first property in San Diego.ThanksSounds like you're well positioned.
Adam Aero
To renovate basement or not for appraisal?
15 January 2025 | 4 replies
If it's net positive, then make sure to do it up to code, etc so the finished square space can count.
Henry Clark
LA Fires Taxes and Insurance
14 January 2025 | 1 reply
Folks this is meant as a beneficial post and not about good or bad positions.
Chris Ke
200k down payment available and I can benefit from tax deductions
14 January 2025 | 5 replies
To clarify, I want help on figuring out how to pencil a deal that has positive cash flow.
Rene Hosman
What do you consider a "good" cash flow for a property in 2024?
7 January 2025 | 22 replies
Value is currently $700k more than my acquisition and rehab cost and it has some small positive cash flow (~$5k/month).