While the property is in a smaller town, it’s relatively close to a larger city, which I think adds a lot of potential for attracting both short-term guests and long-term tenants.The motel has fewer than 16 rooms, and the nightly rates are extremely competitive for the area.

After seeing my brother's success with flix and flip in the bay area over the last 4 years, I decided to explore the same in New York.

Here is a comprehensive guide to help out-of-town parents navigate the process effectively.1.

Once you’ve mastered the basics and feel confident, you’ll be better prepared to explore long-distance investments.

Currently, I live in New York, but I am interested in exploring opportunities in Columbus, Ohio.

Whether it's optimizing listings on OTAs, leveraging social media, running targeted ads, or using dynamic pricing tools—I'd love to hear what’s working for you.Some strategies I’ve been exploring include: Enhancing property listings with professional experience photography and compelling descriptions, leveraging Instagram and Facebook ads to attract more direct bookings, and utilizing email marketing to engage past guests.What’s been a game-changer for your vacation rental business?

Six-unit apartments are an excellent investment choice, and I’d be happy to help you explore options that align with your goals.Looking forward to hearing from you!

Very cool thank you for the post.I have thought about a laundry mat with 3 apartments on top in my town, I even know the lot I want to put it on. 

Target Low Vacancy RatesChicago neighborhoods like Lakeview and West Town boast low vacancy rates, meaning fewer empty months.

My main goals with these initial projects are:1.Gaining valuable insights into the local market.2.Getting hands-on experience with out-of-state investing, particularly when it comes to remodels and managing from afar.3.Testing the entire BRRRR process to see if it’s the right strategy for me long-term.If all goes well, I’d love to scale up and explore multi-family projects.