Are STRs in this area still delivering strong cash flow?

This will consist of finding a good deal that requires some work and is below market value, and making sure your contractor is accurate with the budget and executes the work as stated in the contract.

You can build your own team i.e. title co, insurance, pm, contractors, handyman,process server, lender etc.... or you can find an operator who can get you going in that market while simultaneously building out your team.Section 8 housing is a great way to ensure consistency with rent payments however not all tenant who have HCV pay 0%.

My father is a certified contractor in NJ—he’s built one home, flipped four, and consistently handles upgrades and maintenance for me and his other clients.I’d appreciate any tips or stories from those who’ve turned equity into a profitable venture.

Your registered address not matching the duplex doesn’t affect taxes, but updating it for consistency is advisable.

More great news, our market just keeps on delivering. 

If you would like to continue to operate as a short term rental, you will need to submit a new STR application for this property and must go to the Board of Adjustment and be granted a special exception for staff to approve this request for a Type 2 STR Permit.The Board of Adjustment consists of eleven (11) members; you will have to get a concurring vote from nine (9) out of eleven (11) members in order to be granted the special exception.

@Mitch ProvostFrom my experience of working with over 400 investors, your property near Texas A&M in College Station/Bryan has strong investment potential due to the consistent demand for student housing driven by steady enrollment growth.

You would have to be significantly cheaper than my current cleaners for me to give you a shot, because I generally have only changed cleaners for either consistent subpar work or increasing/unreasonable prices.

Their rating and reputation have been consistently improving since then.