It is partly your job to "sell" him on it, and partly an education and relationship-building game from your end.Also, take a look at the buildings history, when it has last sold for, if it has bounced around on the market or not etc. 

Lastly, what kind of REI do you want to be?

Theoretically we could do the renos ourselves but we did just the bottom floor of a house together last year and it took forever.

My credit is climbing consistently with debt being paid of that was used to renovate the last property. currently sitting at a 670ish.

I've done this at a few properties. my last project I hired a drafter rather than an architect.

On the other hand, in the low season, we try to book 3+ months in advance since if you wait until the last minute, you will either book for a very low price, since all other hosts drop their prices then, or you will not book the home at all and have very low occupancy rates.There are two ways to do this on PriceLabs.

Welcome to landlording a str and mtr. low maintenance and str/mtr are oxymoron.general rule is the more you pay the longer it lasts in our experience.

According to passive activity loss rules, every business is obligated to adhere to specific criteria, especially when it comes to short-term rentals.

Maintenance Report for last 12 months4.

hey every one on BP I'm back. since the last time i posted, i've been to 4 REI meet ups in various areas on CT. going to my 5th this Saturday. seen a few recurring faces at a couple of them.