NY Property Taxes, and utility expenses was one thing keeping us from generating a higher cash flow from rental properties.

I'm happy to share some tips about purchasing an STR in a different state.I joined Stayly Academy, which helped me secure a lease property under my business name and utilize it for short-term rentals.

It is a simple and effective way to make your HVAC utilize propane.

It's very important to establish trust as much as possible.   

Marketing to find what is a deal, $$ to fund that many deals along with utilities, mortgage payments, taxes, cost overruns, etc.

Eliminate debt, establish a budget, and save.

Quote from @Kathy Grossart: Can a non-accredited investor in an already established SDIRA, within a 506(b) multi-family syndication, do a 1031 exchange to another syndicated property (with same operators), if the new 506(c) offering required investors to be accredited, and the investor is not? 

– Considering Class A properties with established tenants• Less focus on appreciation – Prioritizing income stability over potential future gains Current Opportunity: I’m evaluating a retail property in downtown Portland with:• >80% occupancy, most tenants in place for 10+ years• Decent cap rate (6-7%), NNN lease• Well-maintained, high-quality building, with existing HOA which will take care of maintenance. 

Just my 2 cents.Hi Scott,- I utilized the brokers information and then did my own research in 1 bedroom comps around the area and the 2025 Small Area FMRs for the county which are $730 for 1 bedrooms.

Eliminate debt, establish a budget, and save.