To get the most out of your investment, make the most of the rental revenue from other flats and think about renting out extra beds or units to renters.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

@James LauerThis is why all STR hosts need to ban together, the sooner we unite, the faster we can respond to these laws and fight appropriately.

Hi everyone, we currently moved from WNY and live in a 2nd floor apartment of a 3 unit multi-family house on the east side of Providence (near Hope Village).

A lot of people are hesitant after Maui just signed bill to phase out 7,000 of the STR units over the next 2 years.

Here's my situation:I own a duplex that is about 100 years old and my tenants pay for all of the utilities EXCEPT for city water (which comes out of my pocket each quarter).Both of these rental units could benefit from some plumbing updates throughout (e.g. - 1.28 gallon toilets, eco-friendly faucets, eco-friendly shower heads, etc.) as a way of helping this rental property consume significantly less water (enough to save me a few hundred bucks each year...

We are looking for our next house-hack with an additional dwelling unit that we can rent out.

This is, of course, assuming they are aware they have units listed on AirBnb.

I have 7 buildings and 25 units.

@Andrew Galloway The STR market is very competitive here with over 40k units.