“Texas is the most powerful economy in the nation, and now we will become the financial capital of America,” said Governor Abbott.

Here is the short of it.Does this look like a good deal? 

I took the Airbnb bookings and now I'm around 80/20 Airbnb/VRBO.Based on a recent bad experience that I had with Airbnb (it's a separate thread out here), I called VRBO and asked them how I can get more booking requests from VRBO. 

So your super basic P&L may look like: $30,000 Rents-$3,000 insurance expense -$9,000 interest-$3,000 taxes-$8,000 operating expenses-$14,000 depreciation ----------------$7,000 loss on paper for the year  so negative taxable income But remember- $14k of that (depreciation) was something we didn't actually spend money on- so cash in bank at year end would be $7,000. 

Can you think of better ways to use it than how I am using it now?

The only issue I've had is a small period where the laundry pods would always be empty at turnover. 

Look for properties in the same (or similar) neighborhood with the same size and amenities.

I’m going to take a look and see if I can pull a tax delinquent list for the areas where I’m looking to do deals.Happy Friday Good luck.

Hi Jeremy, Are you looking to refi on a conventional loan or DSCR loan?  

So does that mean I can't buy from a related party at all??