Welcome to a new section where we explore weekly deals in vacation markets around the U.S. using the BiggerPockets Short-Term Rental Calculator.

If you're aiming for long-term growth and are interested in potentially fixing and flipping properties, a fixer-upper could be a great option.

Prepayment penalties- usually 1-5 year terms.

When asking for references from a prospect tenant, what is it the prospect tenant should provide in terms of information ?

However, here's a general guideline that you might consider:Stocks: 50-60%Stocks offer the potential for long-term growth and can help protect against inflation.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

What insurance company do you know covers short term rental by the room for a single family house?

After that, this seems like a really great return on your investmenrt for the long term as an STR.

I know of a company that went through a broker like this and the broker connected them with someone That ended up having a pretty bad history and the borrower wired millions after paperwork was signed for “prepaid interest reserve” and now, while they got the judgment, the money was sent overseas and it’s most likely long gone.

Focus on the overall cashflow because maybe for you it only takes 10 properties to retire and for others maybe 20 some might need 5 it all depends on how their portfolio is performing.