So, in order to be successful, it is important to regard other relevant factors of establishing a profitable business/ operation.

Not only is she an amazing coach for real estate investors and a very good friend of mine, but she is also my conference buffer.If I don’t have someone to meet somewhere every morning, I may skip.

However, smaller properties tend to have asking prices influenced by factors like local demand or future appreciation potential, not just rental income.If you're finding that the numbers from the cap rate approach are consistently coming up lower than the asking price, it may be because the market value is being driven by different factors, especially in a competitive or appreciating area.I’d recommend using comparable sales as your primary tool while keeping the income approach in the back of your mind to avoid overpaying.

Morning coffee power hour, breakfast one day, a Happy Hour, whatever! 

When I took a pause and left it in my inbox to the morning before responding, I didn't even care anymore.

Based on comps, you could sell for $275K to $300K, leaving little profit once you factor in holding and closing costs.The conversion to a 4/2 near a university is promising, but the risk lies in unexpected renovation costs or market shifts.

It needs to be shouted from the rooftops on BP - THE BIGGEST FACTOR IN WEALTH CREATION IS YOUR W2 INCOME!

.- M: suggests to cancel on the morning after 7th night.- G: there is no refund at all with a cancellation and resubmitted the same alteration request. - M: the alteration request is 100% refund for unspent nights, which is not in line with the cancellation refund policy and would leave me at a loss.

Also, don't foget to factor in charging for your ongoing time if the MTR guest requires assistance during their stay.

Opt for a property management company with deep regional expertise to get the most out of your investment.Property Expertise: Look for a firm that has experience managing properties similar to yours and is familiar with your asset class’s specific challenges.Company Culture: Choose a firm with a customer-focused culture that values team management and service, as this directly affects property performance.Market Reputation: Speak with local brokers and visit managed properties to get a sense of the company’s track record.By focusing on these factors, you can find a property management company that aligns with your goals and delivers real value.