Pulled this together for a RE Investor meet up on how "today's tech stack" is breaking down historical concerns of STRs being a time-suck for RE Investors when looking at either purchasing properties for STR deployment or evaluating assets for STR usage vs other strategies.

Hi everyoneI’m planning to start a property management company and would appreciate some advice on setting up my fee structure.

Quote from @David O Smith: I have a property that is free and clear, with no liens.

For new build to rent properties, expenses are generally lower than for older homes, but it's best to remain cautious.

Regarding BRRRR, this is a tough strategy today due to interest rates, if you did a modified BRRRR and bought a property and renovated it and house hacked it that could do very well for you. 

This method allows you to take some of the profit tax free and indefinitely defer the rest of tax, using it to purchase larger, nicer property/properties in areas with better cash flow potential.

Purchase price: $50,000 Cash invested: $35,000 Sale price: $121,000 Contributors: Peter Vekselman Partner Driven and Kody Higginbotham purchased the W 10th St property in Crowley, LA, for $50,000 on 8/27/2024.

However, I have received an offer on my property from a very good and trustworthy friend that I have agreed to accept.

This allowed me to build a relationship with that seller who had the two adjoining properties.

To acquire more properties?