Hi everyone, I am excited and nervous to dive into my first potential rental property.

Hello BP community,I’m just starting to dive into the RE investing world.

Mardi Gras begins on the "12th Night" (January 6th every year) and is over around February about 40 something days before Easter.

Knowing that a particular market is productive is one thing, but knowing when it’s productive is much more important.For hosts looking to take advantage of peak seasonality, AllTheRooms Analytics has conducted a deep-dive into the holiday season in Orlando in 2018.

These are some of the question that you should answer before diving in. 

Client drove down to the property, in the middle of the night, 3 or 4 times a week for a period of about 6 weeks to try to "catch" the tenants in the act. 

Would be more work but could be worth it for a few years to get into the market.A very high level example:  600,000 purchase price (or 550 + 50 reno)20% down (120K)Mortgage for 480K, 30 yr @ 2.99 = $2016/moLet’s say total monthly expenses are $28002800 x 12 = 33,600 annual operating expense150/night x 365 = 54,750 (150 avg, higher in summer, lower in off season)15% vacancy (8,212.50) = 46,537.50 - 33,600= 12,937.50 annual profit or 1000+/month Who is having success with this?

I am looking at diving into diversifying my income.

I’ll definitely start doing more face-to-face because I feel like a dive too much into the podcast and the books and from over the years I feel like I learned the best from doing the task!

appreciate the help and now I learned a new skill in excel lol.Thanks and have a good night