I immediately sent out certified mail and raised the rent by $200-300 per unit.

I have an opportunity to by a 6-unit property for $300K with a $240k Commercial loan and a Seller carry back of $60K at a 6% interest rate with a 5-year balloon. 

Ryan,From an insurance perspective:1, discuss the claim scenario (Tenant vandalizes the unit) with your agent and see how, potentially, your policy would respond2. require that your Tenants purchase Renters Insurance and have you named on the policy so you receive notice of cancellation. 

Hi everyone,I want to try renting out apartment units and then renting them out on air bnb and profit the difference between the rent and the STR income.

We used to underwrite $650-$750 per unit annually but that was a few years ago. 

switch the zoning or rezone to hotel or a permitted grandfathered zoning instead of looking for the license go bigger and get it permanent not just one unit. loophole but very powerful how a lot of condo development is moving forward in miami they are hotels technically 

Just as I was almost ready, I went under contract on 164 units.

Price - $299,000Preferred Lender rate - 4.75% on a 10/6 armRent per unit - $2,000 +/-3bed | 2bath 1,500 sq feetFinancials - 25% down, 4.75% rate, monthly cash flow roughly $200Builder warranty included.

All of my options are around the same dimensions so I've been looking at gallon amount as a more accurate gauge of how many people would fit.Largo LS 5 person tub:- $3,358.0: 200 gallons- H 29.5 in, W 61 in, D 71 in- Includes: Control Panel, Cover, Ozone water purification filter unit, LED Display, Power Cord, Pump, SensorsMalta 4 person- $3,589.00: 240 gallons- H 30 x W 57 x D 81- Includes: Cover, Filter Unit, [Ozone water sanitation system], Power Cord, Pump Ohana Spas dual facing lounger- $3,705.99: 200 gallons- H 29.5 x W 71 x D 61- Includes: Cover, Filter, Ozonator, Light LS100DX- $2999.00: 205 gallons- H 32 x W 62 x D 71- Includes: thermal locking cover, ozonator, multi-color underwater LED light, waterfall feature, two cup sliders, filter

The person subleasing usually is a person that would not be able to qualify for the unit through the normal process.