There was a grand design episode where the guy spent over a million on his dream house and right at the end , after all the construction was finished, had to call back the crew and dig his driveway or plumbing according to the zoning he wasn't aware of. 6.

Things are going smooth at the property with all 3 units rented out and a comfortable amount of cash flow each month.I'm anxious for house hack #2 next year and I have some questions I'd greatly appreciate some feedback on. 1.

I think STR is an experience based travel and with the right marketing /design, it can 100% be a viable investment.

You will do better door knocking when you feel comfortable, and when you feel comfortable the people in front of you will feel more comfortable and they can tell (but we should also not feel like you are dressing for your living room either), and so dress how you would want to dress, in a way that is clean, professional, but more casual in clothes that fit well and are not uncomfortable to tight or too big--  otherwise you will feel it as soon as you knock on the door.  

“I have 10,000 units and $2B under management” sounds a lot better than “I raised $500M in equity financing and have lost at least 75% of that equity if I were to liquidate my portfolio right now”They have already begun sending threatening legal notices to members who post on these forums, even when those members post factually correct information.That’s why a forum that allows discussion to take place on this subject that is designed to shine a light on GP behavior and performance is so important.  

Seems like for every one of these you will need to become a real estate professional (a tax designation).

Great design, Airbnb ready, I sold it like a business that earns 2,000 monthly, a win win Lessons learned?

I am having a discussion with a supervisor to determine the maximum increase where the tenant's portion will only increase to $50 per month as that is what the tenant is comfortable with and we prefer to keep this tenant long-term.

Please let us know if anything happens with it - my first thought, of course, is if seller financing is an option since they clearly have no business operating it maybe they would be comfortable just taking a monthly payment with no additional work on their end.

I needs to be comfortable for the group.You need to decide what your demographic is.