They had an incredible view, which attracted a ton of weekend bookings.

Book it or don't.

Learn and Network:Learn as much as you can about house flipping by using online resources, books, or courses.

Hey Mike, I’m a broker and investor here in Sacramento, and I manage over 100 properties on Airbnb for investors.The Sacramento market is very stable, we do a lot of midterm business, but we like to mix it with short term in order to maximize cash flow and limit gaps between bookings, or “orphan days.“ When can we see the project?

Purchase price: $8,000 Cash invested: $20,000 In 2013, I decided to put much of what I had learned from books into action by purchasing a two-bedroom home—not as a traditional investment property, but as a home for my mother.

The unfortunate reality is that the BRRRR book made a lot of sense when it was published, but with the high rates now, BRRRR is much harder to accomplish.

Quote from @Phillip Austin: There are two alternatives to a security deposit, which I speak about in my book.

There are 3 ways this can happena) Salaries increase (unlikely)b) Interest rates drop (not very likely since we I believe we have $8T of debt to sell next year that is coming off books and China and Russia are not buying US dollar as muchc) Home prices drop2.

This tells the algorithm that people are interested in booking your property, even if they don't book it. 

Most of the time a newer or unsuccessful agents will host open houses as they build their book of business.