You want to get paid in your name only, as the Mortgagee or Loss Payee.With the huge range in costs, and dramatic price increases, borrowers are notorious for skimping on insurance.

Additionally, before the GP stopped providing updates, they did imply that they were foregoing distributing available cash flow in favor of reinvesting into the property to make further updates that they felt would boost the average nightly rate they could get.The LP investment granted us shares in an LLC, which in turn owns the property. 

Here’s why:Cash Flow: A 4-plex offers four rental incomes versus two in a duplex, which can significantly boost your cash flow and help cover vacancies or unexpected expenses.Financing: For a 4-plex, you can still take advantage of residential financing (which tends to have lower rates) compared to commercial loans.

5 star reviews are the best, changing up photos etc all can boost your visibility.Update the amenities with new stuff.

What features have you found boost your rental appeal, especially in off-peak months?

I work closely with several local credit unions and commercial mortgage brokers and rates were dramatically higher just 30-60-90 days ago. 

In fact, 70% of real estate investors report positive cash flow from their investments.Debt Reduction: With time, you can pay down mortgages, boosting your equity.

This shift boosted my profitability and growth significantly, with our first flip in 2018 leading to two more by 2019.3.

This hands-on experience helped us develop some DIY skills and boosted our confidence.In 2020, we bought a single-family home that we’re currently living in and rehabbing.

It sounds like you’re ready to dive into some out-of-state investment opportunities, and I’m excited to share some thoughts that could help you boost your cash flow.Here are a few markets that might catch your interest:Florida: Cities like Orlando and Tampa are booming with tourism and have no state income tax, which can really enhance your rental income.Texas: Austin and Dallas are hot right now.