Monitor your spending habits to make sure you’re consistently putting money aside for both the short-term and long-term costs of real estate. 

@Brittney Yang To structure a short-term partnership for your duplex investment, establish a joint venture or LLC with clear roles, responsibilities, and a timeline for dissolution.

Short and sweet here: There are no true DSCR HELOCs.

I am from Buffalo, NY and will be moving to Charleston shortly. 

Here’s how I approach niching down to a specific audience:Analyze Your Market DemographicsStart by researching your market to identify who is booking short-term rentals in your area.

I assume you got a better interest rate, and I know you are saving a boatload of interest. 3) imagine year 11-30 where you are cash flowing thousands with paid off properties instead of hundreds because of these lean 10 years. 4) hopefully you can raise rents at least $100 each every year and in 2 years your cash flow neutral even with preferred short term mortgage. 

The idea is to leverage pre-existing networks in a way that builds instant credibility and gets responses fast.If you want to implement this strategy, here’s a link to the exact resource we used:👉 Spreadsheet Link Here (just make a copy for yourself)I also recorded a short video walking through how we set everything up, but since BiggerPockets has rules against sharing that kind of content, feel free to DM me if you have questions on execution.Anyone else using creative co-living marketing strategies that are working right now?

Hence gaining real life experience property managing, even in the short term, will give you the tools to be a great asset manager.

In Denver metro area, for instance, the city of Denver only allows short-term rentals in a primary residence.

I'm compiled a short list of wholesalers in Dallas/Fort Worth, be glad to share it with anyone who would like it.