It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

PS The reason I went this far with my current agent is that I am investing out of state and my rationale was having an extra person out there who could possibly help me.

Cash out refi will let yo go up to 75% LTV allowing you to get that extra 5% compared to a Heloc.

@Dan N.These types of strategies is like building a conveyer belt between your home and your neighbors in order to borrow sugar from your neighbor instead of just walking there, knocking on the door and ask for sugar.Making these overly complex strategies for real estate really adds zero benefit and just costs you extra money in the long run.May I ask why you need such a complex structure ?

Otherwise, you won't have the extra funds necessary to cover the rising costs of goods and services in the future.What causes rents (and prices) to increase?

Our slow season is months with some of the best weather IMO and people come here to escape bad weather further North.Heated pools are great, but have you ever looked at the extra cost of energy and maintenance?

Looking to purchase one and struggling with the right calculators to determine the real metrics.As I understand it (recently looked at buying a former bnb) you need to treat it like any other STR with your extra costs such as food, etc  baked in to the expenses.

So it’s not like having the extra $85k will get the next deal quicker.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!