Offer a significant discount for 1 week and 30 day stays (after setting your daily rate to accommodate the price drop with discount).

Given my background with managing out-of-state properties, I’m confident that I can apply my skills to the MTR space, but I wanted to reach out to the forums to gather insights from anyone who manages an MTR property out of state.While I don’t foresee significant hurdles with managing an MTR remotely—provided I have the right local connections and a solid team in place (which I do)—I’m always open to learning more from others who have navigated this path.If you’re an out-of-state MTR investor or have experience with remote property management, I would love to hear about any tips, strategies, or lessons learned that you can share.

This lower rate significantly reduces your borrowing costs over the long term.Why the “Perfect” Deal Doesn’t ExistOne of the biggest mistakes investors make is waiting for the perfect deal—a property that has a great price, low down payment, and immediate cash flow.

Deal Breakdown:•3 structures:•1 already income-producing•2 will generate significantly more after rehab•Purchase Price: $500K•Stage 1 Rehab: $240K (focus on 2 structures)•ARV Projections:•After Stage 1: $1.2M•Long-term potential: $2.2M+•Seller willing to do partial owner carryI’m exploring creative financing options to make this work, but lenders I’ve talked to have mixed responses—some say it’s too rural, others require $100K+ in liquid cash.For investors familiar with STR deals, especially in mountain or semi-rural markets:•How have you structured financing on similar projects?

I need to decide which is the best course of business; renewing the lease with a significant rental  increase to budget/plan for future rehab, or give tenant a 60 day notice of non renewal, (April 1st.).

Let me share what I've learned about when they truly make sense.The clearest wins come with:- Properties purchased (not inherited) within the last 5 years- Commercial or larger multifamily with substantial improvements- Assets you plan to hold for at least 3-5 years- Purchase prices exceeding $1 million- Properties with significant non-structural componentsI recently reviewed a case where an investor spent $4,000 on a cost segregation study for a $950,000 duplex constructed in 1978.

Let me share what I've learned about when they truly make sense.The clearest wins come with:- Properties purchased (not inherited) within the last 5 years- Commercial or larger multifamily with substantial improvements- Assets you plan to hold for at least 3-5 years- Purchase prices exceeding $1 million- Properties with significant non-structural componentsI recently reviewed a case where an investor spent $4,000 on a cost segregation study for a $950,000 duplex constructed in 1978.

As of 2023, if a single-family home was worth $150,000 in 2019, its appreciation rate could vary significantly from that of a multifamily property bought for a similar price.To break it down further, let's assume both property types appreciated over the years.

Hi there, if you're open to holding onto the property, converting it into an Airbnb or short-term rental could significantly increase your cash flow, especially with the current demand for rental properties.

I secured a 2.25% 30 year fixed interest rate on a 4 unit MFH.Now, I have a significant amount of equity in the property, and I'm wondering the best way to access it (if at all?).