We just closed on one last month.

Our expenses are about $1,400 monthly (plus the occasional oil fill up).

Generally, I would recommend giving your Airbnb at least 6 months to build some credibility.

Here’s the information$800,000 commercial propertyno down payment 30 year contract at 7% percent fixed.Mortgage is$5,700There’s a small vacant space on the back that you can possibly build a mechanic shop bay on and make some additional income maybe about $2,000 a month.On the front of the property their is a small building that has a restaurant and they pay rent $4,000 a month. 

I'm a new host who started hosting about two months ago, and I recently listed my property on both Airbnb and VRBO, approximately a month ago.

Make sure you use a company to process the payments this usually costs about 5 bucks a month in my area. 

I receive $2200 a month in rent.

House hacking is essentially the cheat code to get started into real estate investing.Generally done by utilizing FHA loans and 2-4 unit properties.Basically, buy a primary residence, live in it or one of the units for 12 months, move out buy again and do it all over again.Each time you can utilize fha as long as you refi the former before you use it again.Great way to buy a lot of properties with low entry cost!

Bureau of Labor Statistics (BLS), the CPI for shelter increased by 3.1% over the past 12 months ending May 2024.

We signed a new set of lease documents (month-to-month) with him with terms that I am familiar with and with the stipulation that the unwanted guest needed to leave within 30 days or we would ask the main tenant to move out.