Most owners of short-term rentals on the islands and the nearby areas have been dealing with the triple whammy of a slowing economy effecting rental revenue this year, higher insurances and higher property taxes.

Once the project is complete, their monthly payments would drop from $1,000 to just $60 with the rental revenue coming in.

Doing so would increase revenue to my property management LLC but likely has some downsides I'm not aware of yet.

So the increase in revenue probably ends up being 5-6%.Maybe I am over estimating the cost though.

Purchase price: $80,000 Cash invested: $25,000 I helped my father-in law convert his LTR to a STR recently (he's owned it for forever, but we wanted to see if we could increase the revenue by switching strategies and updating it).

However, resuming renovations is essential to increasing revenue, and a capital infusion allows us to resume both interior and exterior renovations.

I need to create some kind of significant revenue stream to ensure my wife, kids, and grandchildren are taken care of when I’m gone.

Learning about dynamic pricing is a great next step to boost your revenue by adjusting rates based on demand and seasonality.

LLC paying you and you also counting the revenue from the STR itself?

Half of Squares revenue is coming from BTC transaction fees - they also recently bought $50m worth.