
15 April 2024 | 12 replies
Here are the projections for 2024 to give an idea of expected returns:2024 IncomeLong-term Income$8,400Gross STR Income$45,500 (based on AirDNA projections)Additional STR Income$5,915 (mostly cleaning fees)Total Projected Income$59,8152024 ExpensesSTR Expenses$16,453 (32% ratio)Mortgage$34,476Insurance$707CapEx$3,600Taxes$2,729Total Expenses$57,965Projected Cash Flow$1,850CoC Return2.79%2024 Additional ReturnsPrincipal Paydown$2,930Equity Appreciation$16,200Mortgage Interest Deduction$7,571Total$26,701Total Projected Returns$28,551Projected Return on Investment43.1%Projected Return on Equity21.4%The CoC numbers are not impressive, and the property only cash flows as an STR, which carries some risk.

17 April 2024 | 13 replies
Do you know how hard it's gotta be to convince future Uber drivers to become loan officers with the way rates have been moving?

18 April 2024 | 15 replies
Here is their summary of the bills: would allow counties to phase out transient accommodation rentals as a type of residential use and asserts that any future "residential" use shall not include transient accommodations.

17 April 2024 | 3 replies
Wishing you success in all your future real estate endeavors!

16 April 2024 | 3 replies
Rates are only expected to drop to the 6%ish range by the end of the year if everything goes according to plan.

17 April 2024 | 2 replies
Any advise / feedback suggestions would be helpful in the future to safe guard here.

17 April 2024 | 8 replies
I have been earning this salary for about a year and expect it to be the baseline for 5-7 years.

16 April 2024 | 1 reply
What is the expectation for the host and campers?

17 April 2024 | 5 replies
Brandon Rush puts out the monthly lineup of real estate events on some of the facebook groups so I'd advise you to get connected to us on Facebook.I look forward to meeting you at an event in the future.

18 April 2024 | 36 replies
Also with the right insurance you can take guests off Airbnb if they'd like to extend their stay or come back in the future.