With no renovations required, we leveraged market demand to quickly resell the property the same day for $85,000.

For example, I will tell them they must be out within 30 days, but they can leave at any time during that 30 days without just one week of notice.If they reject my offer, then I start to ramp up the leverage.

🔹 Stuck in the day-to-day of bookkeeping, maintenance, or leasing?

REPS does not relate to STR's.For short-term rentals (STRs) with an average rental period of seven days or less, you don’t need REP status to offset losses against other income.

For example, in Kansas they have the 14/30 (basically you will rectify the situation in 14 days and if not you have 30 days to depart i.e. before you can file eviction).

In the last two days, I met with two business sellers who have net profits of $580,000 and $600,000 per year respectively. 

type of travelers especially business travelers, cook less, use the facilities less, and most of the time are at work during the day.#7 AVOID -  Avoid condos.   

She moved out a few days before the court hearing, so I canceled the eviction and sent her to collections for nearly $13,000.Fast forward 10 months.

We pull comps all day long and are very educated on market demands and pricing.

I’m curious what rates look like these days for a commercial apartment building around 1.5M.If any lenders could chime in or investors who have seen recent rates please share!!