Stick to durable, affordable furniture, and you’ll have your Airbnb running smoothly and raking in solid income in no time!

This protects your investment and gives you leverage if there are issues.Other Tips:Make sure the lease explicitly defines the move-out date.Conduct a thorough walkthrough with documentation before and after the lease period to avoid disputes.Handling a seller-to-tenant situation can be tricky, but with the right precautions, it can work smoothly.

My head is spinning on how to make this run as smoothly and efficiently to help maximize gains and bare minimum, break even after expenses.

Hope your next steps are much more smooth and you can take those lessons and turn them in to gold. 

When you do a little extra work ahead of time, the process goes so much more smoothly.

That’s the stuff people gloss over in spreadsheets but makes a real difference in how smoothly a project runs.

A knowledgeable attorney can advise here.Create a solid operating agreement: Since you own the condo with a friend, a clear operating agreement is essential to outline responsibilities, decision-making, and profit-sharing for the LLC.To save on costs:Look for real estate attorneys who specialize in investment properties and might offer package deals for the retitling, operating agreement, and filing the LLC.Shop around for title companies that can handle the transfer smoothly and provide competitive rates.Research DIY options for setting up the LLC if your situation is straightforward, though I’d still recommend a lawyer for the transfer process itself.Good luck with the process!

Focus on smaller single-family homes, condos with low HOA fees, or multi-family properties in these regions, and build a reliable local team of agents, property managers, and other professionals to ensure a smooth investing experience.

Here are some tips to keep your projects moving smoothly and scale up:Managing ContractorsControl Payments: Break the rehab into phases and pay contractors as they complete each phase.

Everything was smooth until it wasn’t. 6 months into it the tenant called and the toilet had failed in an upstairs bathroom.