I just went ahead and paid him for the $13k he requested because he explained to me what he was doing with the money and how that will affect the overall workflow if I tried to decrease any of that amount.

In this post I'll explain some of the was one can decrease the start up costs associated with an Airbnb/vacation rental business.Furniture CostsIf you've ever furnished an entire home you know just how expensive this can be.

It would increase the value of his land, decrease the value and taxes of your land, and you could still use the road.

Using independent parties for all professional services decreases your likelihood of being cheated.Full disclosure- I do sell properties out of state to out of state investors.

If finished basements add value in your specific market(1), then it will add value in the appraisal report.(1) Think of an outdoor swimming pool in Arizona v Alaska, with that in mind you can't just say "oh a swimming pool adds $X in value" without knowing if we're in Alaska or Arizona... it would be a PITA and decrease value in Alaska!

I am new to BP and investing in general but believe we have a great opportunity to pursue that I am looking for advice on.We have an elderly neighbor that has been moved into an assisted living home due to health decreasing.

@Stephanie Jamgochian maybe they are just stopping you from asking for a rent increaseI mean, they asked for a decrease and you come back with an increase?!?!??

It provides potential investors feedback about whether there has been an increase/decrease in rents, expenses, vacancies, ect. over time@Chase McArthur Great convo and thanks for pointing out how in Washington D.C. between 2016-2017 the price/unit stayed the same but the cap rate decreased because there was an increase in overall NOI.

The decrease in cash flow feom leverage has zero to do with the underlying risk of the asset or market, but rather that risk eminates from the leverage, and as the leverage increases, so does the risk.

@Ed Gonzalez It's less risky to put 20-25% down and it will also decrease your monthly payment which will increase your cashflow.