Given Austin's competitive market, ensure your savings align with down payment requirements and closing costs for multifamily properties.

This could also mean making decisions that allow your business to operate independently from restrictive partnerships, heavy reliance on a single client, or dependence on specific market conditions.

STR are very competitive today and investing in a well-designed home is key to your success.

They often offer competitive pricing and have a wide selection.- Online retailers: Amazon and Wayfair are good for smaller items like hardware, as you've mentioned.

It's a reality that amplifies the importance of conservative underwriting.In the last few years, the market became so competitive that many investors resorted to aggressive underwriting to justify their deals.

Hey guys so I need some advice what to do in this situation:Basically my first property (STR) had a great possible ADU on it in a small vacation heavy town in upstate NY.

Checkout some of the great Vrbo tools like market maker.You can see demand, occupancy of your competition for certain dates.The boost function can move you up in the search results for certain dates and it will also show you where you are in the search results for any dates you choose.I get most of my bookings from Vrbo and people always find me on there.

Padslip has that model, it is a kind of the competition for people who do house hacking :PGood Luck in your search and investment. 

In regards to the damages, I have them sign a separate document that is called a lease addendum wherein I have all the policies spelled out and made them responsible for actual charges of any damages and called out water damage to be reported within 24 hours or they will incur a heavy cost of fixing.

Combine that with a very steep carried interest and I don't care if this is the deal of the century, because if it was, they would not be so fee heavy and rely more on carried interest.Personally, seeing a lot of underperformance in syndications, I do tend to see an inverse correlation between upfront fees and overall performance.