Here are five crucial tips to help you stay profitable and avoid costly mistakes:Buy Smart, Not Just Cheap – In today’s market, finding deep discounts is tough, but focusing on properties with value-add potential is key.

There have definitely been many surprises along the way and lots of lessons learned getting our bnb set up.

The one negative from this month’s report is rent rates, surprisingly went down.

Plan on staying married no matter how rocky it gets, work through it, it's worth it. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Looking over your numbers I'm surprised a couple of them are so low - mortgage expenses, repairs and capital expenses.

If you have purchased an out of state investment property, what were your biggest lessons learned and were there any surprises during the process?

Someone from Stay Hikaru reached out to us inquiring about our Tampa property. 

Just an idea that I'm a little surprised more out of town owners haven't done..

Plumbing issues, sewer line replacements, and unexpected rehab surprises are part of the game.Break-ins and theft happen.