Based on my personal journey and accomplishments, I want to highlight that everyone has the potential to succeed in real estate investment and create a meaningful difference in their own lives and the lives of others.

For heavy tourists markets where there are several STR management companies who have websites, most direct booking individual websites will not even be able to compete with that.But if you work on your social media presence, social media ads, and routing return guest through your direct booking website, you are building a base of clientele which makes you less dependent on the whims and algorithm changes that the big OTAs have.  

Like any service based business, you're going to encounter a variety of types of fee structures.

That person can possibly help with some of the boots on the ground things and will charge an hourly fee that is much less than the percentage based fee of the property manager.

I believe there can be a significant fluctuation based on how a property is managed as well.Regardless, I always say to folks to use the numbers directionally, whether ours or any of the services, and to try to get on the ground comps as much as possible from sellers / agents, etc.

However, the tax person says we can't use that as the base to adjust the cost bases.

I am seeking insights and recommendations from the community regarding potential locations in and around Orlando where full duplexes might be more readily available within my budget.My plan is to house hack, and based on my initial calculations, I anticipate an extra expense of $1.5K beyond rental income to cover the mortgage.

.- Install 12" (like upper cabinets) as base cabinets along this wall.

Cash on Cash ROI, Pro Forma Cap Rate and Purchase Cap Rate.GOOD DEAL is only based on Monthly Cashflow greater than $200 but I really want to factor in the Cash on Cash ROI metric.

THAT is how you base your offer, Condition AND Financing.