Our STR/MTR portfolio typically sees around 80% occupancy, and I’ve noticed that the online travel booking sites often push properties with consistently great guest experiences.

It was frustrating to see but that’s on them.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

You could also get a line of credit for about $150k (you should be able to borrow 75% of the value.)The reason I suggest this is…1) you save $40-$60k in selling costs. 2) you have a lower blended interest rate (2/3rds at 3.25% and 1/3rd at 7 or 8% instead of the whole $500k at 7 or 8%) saving you another $1k/mo in interest. 3) you only pay interest on that $150k when you actually use it, not from day 1  Unless you hate this property, or want to buy something you can’t afford without selling, that would be my plan.

Whats going on with the business?

Welcome, best of luck on your journey

Well done so far, seems you are on a great path.

Bank Credit Line How did you add value to the deal?

Although I’m just getting started, luckily I've being able to invest in 2 mutli-family properties in New Jersey, it was a lot of work but I really enjoyed it.

I've found conflicting information online.