And the plan is to convert an existing Airbnb I own (and have run as an Airbnb since 2019) to PadSplit.

If the didn't do that then they have converted to LTR or MTR rentals at a steady monthly income and have the tenants take over the utilities which offsets the loss of more income.

 Hey GUYSOver the years, I’ve worked on creating high-converting funnels for marketing agencies, and one thing I’ve noticed is that the core principles of attracting, nurturing, and converting leads are just as relevant for real estate investors.I’ve been diving into strategies that could help investors streamline their deal flow, attract motivated sellers, and build better relationships with private lenders.

If you are using STR, REPS, or self rental with material participation to convert to active or nonpassive income, you do not have to do this if you have passive business invesment that produce passive income that will exceed the loss generated by depreciation.

.- Both Sterling and Bank of Marin offer financing to TIC developers for acquisition and renovation of buildings that will then be converted and sold as tenancy in common.

Rent by the room may bring in more cash flow per bedroom, but may not cash flow as well if you convert the SFH back to a long term rental.

Remember multiple touches is how you convert leads to closed sales.Related: 50 Questions real estate agents should ask potential hiring brokers.PROSPECTING & LEAD GENERATIONAs a new real estate agent you will need to spend the majority of your time on prospecting and lead generation.

You'd think 60 years would have cleansed all that but it hasn't.You might target social service and local agencies since this property was in the past a half way house or similar and was only converted to market housing to make the sale to you.

Converting your current primary into a house hack by adding a studio helps you offset your current mortgage while learning how to be a landlord.

Rent for a few years and convert to primary.Next Step/sHow do we shift while keeping AGI at lowest levels?