For more precise estimates of rental revenue, think about speaking with nearby property managers or real estate brokers that focus on rental properties.Closing costs: Compute the closing expenses for the duplex purchase, taking into account attorney fees, title insurance, property taxes, appraisal fees, and loan origination fees.

I guess I like the idea more of a house that is paid off generating revenue than 2 houses generating less revenue.

What can I do legally to get this neighbor to chill out and keep me from losing tenants and rental revenue?

Hi guys,those who live in Florida or have rentals in Florida.When you do you taxes, do you file with the Florida Revenue Department?

My market is showing increased revenue and ADR YOY going into late 2023 and 2024. 75% occupancy for my place last year that went strong all the way through the holidays.

Making educated judgments will be aided by your knowledge of the rental demand, property valuations, and market circumstances.Analyze properties thoroughly, accounting for future appreciation, costs, and possible rental revenue.

Seek for condominiums with comparable renovations and evaluate the impact these upgrades have had on the selling prices of those properties.Rental Demand: While renovations might increase a condo's appeal to prospective tenants, especially in the Section 8 leasing market, it's important to assess if the cost of the improvements can be recovered by the anticipated rental revenue.

I noticed with Airbnb's dynamic pricing it is a lot lower than what my pricing software/revenue manager recommend. 

Adding a negligible amount of tax revenue through income?

Oftentimes when municipalities ban STRs they will grandfather in existing operators, but if you are mid build when they do that you’re screwed  Once you’ve identified a list of “safe” markets, compare them on Airdna to see where you can likely charge the most (I’m assuming building costs will be more or less similar, so you might as well pick the area where you can earn more revenue)Also, in this market you may be able to pick up land with seller financing instead of having to buy in cash or traditional financing … potentially low or no money down, and won’t affect your personal DTI.