One great tip I received from Rob Abasolo is to invest more into your existing property to maximize revenue. 

I find this hybrid model allows me more certainty about occupancy, and less work on turnovers, but I can still maximize profit. 

We’ll only consider additional debt when it maximizes liquidity or improves risk-adjusted returns.

Many hosts find a Fri-Fri or Sat-Sat strategy works best to maximize bookings since families often prefer a full week vacation, and it aligns with popular check-in/out days.

Different portions of land and building might be subject to different tax rates or legal considerations.Calculating land and building values for tax purposes is a critical step toward maximizing your available tax deductions from depreciation.

It’s very common in my area to have roommates so that could be an option to maximize income from both units.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

These deductions reduce your taxable income, which helps maximize your profits.Finally, real estate provides diversification for your investment portfolio.

I started exploring multifamily properties and various markets, which helped mitigate risk and maximize returns.By expanding my focus to include different areas, I was able to weather market fluctuations better and ensure a steadier cash flow.

I plan to maintain my 9-5 job as well to ensure I'm maximizing my investment funds.