Hi BP community, This was my first year diving into real estate and I successfully bought 2 single family rentals out of state.

My new guy is someone a family member used and has been happy with, the guy literally texted me last night at 8:40 pm a video of him putting the permit application in my mailbox at the property. 

No prob I’m here every night at @Paul Sandhu table please tip your waitress 

I agree with the no to the boat and while I am usually fine with tenants finding significant others and moving them in (as long as the occupancy numbers are safe), this one sounds like a gambling debt coming in hot after a night in Vegas.

Cash on Cash return is one of many important metrics used in the Investment Analysis process.Let’s dive into the different type of investor portfolios and how your financing strategy can affect the CoC.

Within 30 minutes we had a booking for the same night we listed.

We incurred some aggressive rain and storms a few nights ago in San Antonio, TX.

I then re calculated the numbers for a short term rental and charging $150 a night fee with 50% monthly occupancy and all utilities being paid (est.300/mo), plus the $1,080/mo to the owner,  plus the airbnb website fee of 3%/yr/mo (if I listed it on there), my half of the annual property taxes and insurance to the owner of $3,600/yr, plus $150/mo for cable and no management fees as I will be self managing.

The thought popped into my head last night and wondered if it was even a thing. 

I’m not interested in getting phone calls at night or during my day job, hence PM.