We're planning to market to small families like ours so we're hoping that angle works out for us.

I'd take that price any day and I would assume they're using a small excavator.

Hi everyone,I have the opportunity to start my short-term rental business by adding small/tiny houses in my property.

Also, you'll want to run a few different scenarios on this given the relatively small loan size.

i am confident i can manage the relatively small amount of requests, and have heard some good things about apps and software that are a "one stop shop" for landlords that allow payment, leases, and repair requests. i have one out of state rental property with a plethora of options for handymen and contractors around. i have been paying a property management company 8% plus all of their inflated costs of repairs and fees and with insurance going up it has really opened my eyes to my margins not as healthy as i would like.do you have a certain product you have used or use or would recommend?

in a few short years 1 property has produced over a $1/2 million in equity, thousands in cash flow, was leverage to buy another property which does the same and leverage to buy a small cash flowing business. 

Start small and Make Your Big Mistakes Early.  

For instance my 90 lot subdivision at one point I had 90 legal descriptions and parcels on one master deed.. as I sold them off we just deeded them out separately.. its super common especially in older platted cities were lots might have been small like 25 X 100 and someone bought 3 of them and then built one home on all three.. some places they force merge them others you can go back and recreate the Old lots of record.. there is millions upon millions made by those that know how to find shadow plats and bring to life underlying parcels.

I’d like to keep the group small and focused—around 10-15 people—so it’s a great opportunity to connect and share ideas in a relaxed setting.If you’re interested, let me know! 

To start your first BRRRR investment, define your investment criteria, focus on submarkets with favorable cash flow and rehab costs, build your team, analyze deals using tools like BiggerPockets BRRRR calculator, and start small.