By fostering relationships instead of only chasing transactions, I’ve been able to tap into unique deals that helped me expand my portfolio without exhausting my resources.Relationships Across Borders: International and Out-of-State VenturesExpanding my network didn’t just open doors locally; it allowed me to explore international and out-of-state investments as well.

I work a lot, probably more than the average W2, but we also travel a lot, at least 6 trips every year.So that's what's driving me, numbers on a screen are nice, but they are not fulfilling on a personal level.

Ours is in a rural area with strong seasonality and lots of regional vacation travellers going out for a weekend or maybe a week. 

Also MTRs for people who need a temporary place to live due to insurance reasons or home renovation, or traveling professionals.  

Information of the taxation treatment for foreign investors can be found herehttps://www.ato.gov.au/Individuals/International-t...4.

Plans to were announced last month to invest $2B into the cities airport in anticipation of the population/business travel growth. 

In rare instances we will let someone pay through Square or Stripe, with them paying the cc fee, but only in unusual cases, such as one time with a tenant who was traveling and didn't have a bank account to use with our online platform.

Real estate's "gross rent multiplier" is Wall Street's "sales to revenue",  "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc. 

For example I sold 2 properties in the same town that was more than 30 minutes away, just because of the travel time to get there and return. 

It could be worth transitioning to a midterm rental if there's demand for that type of housing in your area, like traveling professionals or remote workers.