Montgomery has a great rental market. 1)The last numbers I saw showed 47% of homes here are rentals. 2)That is due to a strong federal job market with federal courthouses, Maxwell and Gunter air force bases. 3)Lots of state jobs, about 10 colleges and universities, tourism, 3 major hospitals, 4)a Hyundai manufacturing plant, and Amazon is building a distribution warehouse.5) Low property taxes.6) Population growth.7) Landlord friendly state.8) We can typically hit the 1% rule on rent to price ratioFrom Wikipedia, Alabama has the second lowest property taxes behind Hawaii.2.

I have created my own if you would like me to share mine, you can DM me.Once you can get an idea on your return based on the interest rate and down payment scenarios, I think that will help to decide which is the best option.

The good part about a heloc (you should verify this with your bank) is that you don't have to draw from it. 

After re-reading Pricelabs' section on their recommended base price not including all the various fees (not just cleaning, but for example, Airbnb's own fees, etc.), I've reformulated the base price to consider all these fees so that it better reflects the total price the guest is paying (independent of taxes).

Made up nice round numbers, and yeah these are extreme just to highlight the concept:MLM tenant: 8% cap is appropriate based on comps, paying $100k/yr. $100k / 8% = $1.25m.Dentist: 7% cap is appropriate based on comps, paying $100k/yr.

Don’t get caught up with just wanting to buy a property and hoping it will work out in the future based on projections.

Do a little digging into mid-term rentals, could be a good strategy to pivot too if your area draws people in that need extended stays.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

My name is Egan and I am an aspiring rental property investor based out of Lexington Park, MD.

https://www.ewg.org/news-insights/news-release/2024/03/over-240-california-community-organizations-unite-againstLate in the legislative process the tax was slipped into a 2022 law, A.B. 205, authorizing the California Public Utilities Commission, or CPUC, to add a fixed charge to electricity bills based on household income.