That's everything -- utilities, cable/internet, Airbnb fees, lodger's tax, etc.----------$4,575 -- cash flowOne caveatOne big caveat to that cash flow is that his first four months were some of the hottest months for Airbnb in Denver and Colorado in general.

Does anyone have experience with purchasing a multifamily property that inherits an existing bulk cable contract that is horrible and was there any way you were able to terminate?

NOw the special part you didn't expect:In September I order fiber cable to my apartment and was installed with her permission.

One of our STR investments is in Sevierville where unfortunately no cable internet seems available (Comcast/Spectrum, etc.).

On similar properties they are getting well over asking (and often over a dozen offers or more) and cash deals as many of you know…20% down brings you to a mortgage of around 3200/month plus 2100/month management fee (25% of gross which is based on 2021 #’s) and you still have to pay taxes of approx 300/month, HOA 95/month and monthly expenses of approx 700/month (ac/heat, cable, homeowners insurance) plus upkeep/maintenance of cabin $150/month (just a guess but could be more). 65,500 in expenses (and I think this is a conservative number.So, you are left with maybe 30-35k net annually..You shelled out 170k plus closing expenses of 8500 (1%). 178,500 approx. 

Hi Kate,Here are some items:- Propane grill anchored into the ground so guests can't move it- We buy DVDs at garage sales and do that instead of cable and also get a Smart TV with HDMI so guests can bring their Roku or Fire stick- Boardgames and puzzles- Schlage Encode wireless lock. 

I then re calculated the numbers for a short term rental and charging $150 a night fee with 50% monthly occupancy and all utilities being paid (est.300/mo), plus the $1,080/mo to the owner,  plus the airbnb website fee of 3%/yr/mo (if I listed it on there), my half of the annual property taxes and insurance to the owner of $3,600/yr, plus $150/mo for cable and no management fees as I will be self managing.

Chad Griffiths and Tyler Cable. 

Amazing how fast people call you back on "where is my X-box".The new system in apartments is to be the internet provider, or have all tenants buy cable/internet thru the owner....as well as electric and water. 

Sorry, I prefer the dentist, DMV, cable company, Arby's and the Nigerian dude wanting me to xfer him money over any wholesaler.