I have a few units here in Little Rock, AR I am considering selling.

Our market is unlikely to produce outstanding cash flow with the use of a PM and if you are self managing, your cash flow equates to earnings for your efforts.I am hopeful that the high interest rates have had a negative impact on income and that the STR income will improve if rates decrease.  

Rehab costs, holding costs, and the ARV will be the largest cash eaters or cash producers with this deal.If you underestimated the rehab (both costs and time) and overestimated the ARV, you could be underwater very quickly. 

Its always good to plan ahead and review your scenario to make sure you are ready to execute your next deal when you come across one rather than just wing in it and find out you are stuck between a rock and a hard place. 

A lot of rentals do not produce any significant cash flow the first several years….. 

Since you were an athlete, going into the 9 to 5 will seem even worse, but if you don't have the capital now, the 9 to 5 is the best way to keep producing capital over the years to fund more and more until you can match or exceed your work income with investment income.

It is not that self storage is a bad industry right now it is the skipper running the cre. a great manager can make a poor location produce!

Hi, has anyone used lead mining pros? Either for SMS texting or cold calling. If so, would you recommend the company?  

That is a lot of money but it is also a lot of time.Now let's say that rather than providing one on one coaching, the coach becomes a guru and try to leverage his time by producing content.  

UDFI typically arises when debt is used to acquire or improve income-producing property, and the proportion of income related to the debt can be subject to UBIT.