I built a double wall with RC channels and inside that minimize the noise (could barely hear anything coming from the unit.

For example of above, there was a person I know, they bought a house for a rental, the square footage was enough to make a 3rd bed out of a dining room, that would increase the month rent by $400.00 a month if they did that..

I could never buy land in brickell it's more than 300 million per acre. but in columbus I can buy an infill lot for 40-60k within 1mile of Downtown Columbus. we looked at hundreds of Floorplans and found that 2 bedrooms seemed to be better than 1 and we wanted a tight compact floorplan that could get high rents. rents are higher Downtown Columbus and property values are higher Downtown Columbus by more than 40%. after that we wanted 4 units but it was commercial so we stuck to 3 units because it's residential. in February of 2024 we submitted our first design of a stacked triplex that is 2 beds 1 bath. after design changes, we now have about 7 approved in our market. all of the underwriting of banks is based on long term rentals.

I have the option to buy a 1,300-sqft 3-bed, 1.5-bath house in South End neighborhood of Stamford, CT, from a family member before it goes on the market.

Avoid C-Corps, as they incur double taxation.Use LLCs for rentals and consider an S-Corp election for flips if income justifies the additional complexity.This post does not create a CPA-Client relationship.

Gives you double protection if something breaks from a direct booking and triple protection from a guest coming in through an OTA.

They will be a 2/3 bed.

Raised the rents from $550 to $650 for the 1 bed 1 bath unit and from $625 to $750 for the 2bed 1 bath What was the outcome?

Water drain and septic pipelines the cost almost doubles.  

Essentially, this investment appears to double the initial capital over five years.However, I’ve been noticing an increasing number of these properties being listed for sale.