Essentially, you get to experience real estate investing firsthand, with your tenants helping you cover the costs.Build Long-Term WealthAs your property appreciates in value and your mortgage is paid down by rental income, you’re building equity.

Originally posted by @Michael Haas:@Adrian Chu we've been extremely curious about that strategy - essentially "Condo-izing" a single family lot.Was this a hold for you, or did you sell one or both of the units?

the more units you have the less per unit per month.Like @Ryan Moyer mentioned, OwnerRez has a library of videos you can view and has a 14 day free trial, unlike Hostaway that doesn't have a free trial.

That's why we started offering BRRR Turnkeys, where we help investor source a property (or they can find on their own), we rehab it, supplying rehab videos so they can see what was actually done.

This is essentially a finder fee for the member, payment collection fee, and support from padsplit.

I have made 30 videos on how to do things and put them on a YouTube page for our tenants, sent it out on an announcement, etc.   

I am an out of state investor and in the past I have purchased my properties based on video walkthrough that my (trusted) realtor does.

To maximize the tax benefits of STRs, it’s essential to track your time and other people's time spent on the property, avoid staying in the property more than 15 days, and perform a cost segregation study to accelerate depreciation.

Accurate withholding is essential to avoid penalties while optimizing these strategies.This post does not create a CPA-Client relationship.

We give them the exact address, a video of what it looked like when it was bought, who did the rehab, what the rehab cost, what it rented for, a video of what it looked like AFTER the rehab, who did the loan (who the lender was), etc.