I also recommend you start looking for a professional property manager, at least until you educate yourself enough to run this solo.

I am new in BP, and I am looking to understand where I start with learning about REI.I currently live in New York which it's not a good place to start investing.i know the difference between STR,MTR,LTR....

Purchase price: $160,000 Cash invested: $45,000 My parents my wife and I own the property next to this one.

My partner and I found that cashflow is the strategy that we are currently looking to acquire and Honolulu, HI has a very high occupancy rate.

So I shopped around and I landed on Steadily Insurance.

There may be a way to reduce property tax reassessment by using LLCs, but it is a complicated plan, takes time to complete, generally needs a business purpose, and is not without risk. 

I graduated from college in May, and I am currently doing business development (sales) for a property management company while studying for my RE license.

And no I’m not talking about the “burbs.”It is just something that I have found that has helped make my properties easy to rent - and I thought I would share.

And I always check the actual price the guest pays- because I haven't yet build direct booking (it's on my list) and the final cost (on VRBO and Airbnb) usually makes me re-think things with a larger perspective.

Most traditional property managers don’t handle this setup due to challenges like managing tenant disputes, coordinating overlapping move-ins/outs, and the risk of Fair Housing violations when selecting tenants.