And the big ones are: firepit lit after dark, a kitchen with fancy appliances, and of course, the amazing views if you have them.

Other than a few regular maintenance and wear & tear, we have had minimal expenses.

The structure is mainly appreciation-based, which minimizes tenant and maintenance risk. 

A client of mine in Maryland added smart home features to their rentals and boosted rents by 12% with minimal investment.

That would minimize and maybe eliminate the need for a loan for those properties.

@Yamil NafRaising $160,000 for your short-term rental (STR) venture is a great goal, and there are several ways to structure the deal to minimize your upfront costs while attracting investors.

Choose the Right LocationProximity to Campus: Prioritize properties within walking or biking distance to minimize transportation costs.Safety and Security: Research neighborhood crime rates and local security measures.Access to Amenities: Look for nearby grocery stores, healthcare facilities, and entertainment options.3.

Minimal stocks and other investments.

We would like to learn about how we should have went about it so that we can purchase more properties, minimize mistakes, and reduce our reliance on corporate life.

It’s essential to screen tenants carefully to minimize vacancies and ensure reliable rent payments.4.