I just got a notice from the MD department of assessments & taxation that the value of my property will increase from 120k to 261k , spread out over 3 years equally.This is a ridiculous increase of 118%.

We are asking the current tenants to leave as the property is not in optimal condition we like to have our rentals and we would like to fix it up to increase value and rents.

The US taxes global income which dramatically increases the reporting requirements.

To be clear I’m seeking to raise the money from family and friends who are interested in getting into real estate and STR’s.

I've added a few things for very minimal cost that guests really love and increased revenue ~34% year over year.

Wish I didn’t have to post this but I am torn on what to do. I bought my first rental in June of 2024 and have had a tenant that has been making late payments since day 1. I have been trying to be understanding but it...

With $100K in cash, you could leverage this option to make a larger down payment and keep monthly costs manageable.Maximize Rental Income:Are there ways to increase rents on your current properties?

I know January and February are slow months, but looking for suggestions to seek bookings in the short term. 

Increasing for times when there is more demand and decreasing when it is slow. 

The increasing barrier to entry results in fewer new STR's coming available for sale, but also fewer options for guests to rent.