Hi @Barry Randall, being creative by applying room renting will definitely boost your rental income.

We need more inventory and a boost in affordability to entice these buyers off the sidelines.

Hey everyone,
I'm facing a bit of a challenge and could really use some advice. I'm determined to increase my income so I can invest in multifamily real estate, but I'm hitting roadblocks due to various limitations.
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And this is on top of the Government’s announced plans earlier this year to boost spending and demand for homes.

Any tips, tricks or strategies you're implementing on your luxury STR vacation rental that has boosted ROI? 

I listen to the podcast on a regular basis and this had boost my desire to take action so here I am.

We would NOT need to order a 1007 market rent report if we had either:1st months rent and security deposit2 months of rent deposits (canceled checks)If it’s a departing residence we could only use rental income to offset monthly payment (we couldn’t use extra income if 75% of the lease was 3,000 and mortgage was only $2,500 I couldn’t give $500 of income to boost DTI unless he has moved out of the home for some time and we have 1 year of history of being a landlord (which it sounds like we do, just not sure if he’s just moving out of this home).

Career ShiftGetting your RE license and starting as a part-time agent is a great way to boost your income and build your real estate knowledge.

However, I can confirm that there is opportunity to leverage the cash value in a properly structured permanent life policy to boost your returns.

@Karen Margrave, thank you so much for that boost!