Also, just compare your listing with the competitor listings.

However, the best way to get a feel for rental rates compared to values is to review/underwrite properties in the area - only after reviewing/underwriting many will you begin to see a pattern.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

He was charismatic and convincing that signing up for Dave’s course (for a measly $40k per year) will be a drop in the bucket compared to what you will actually make.

Buying properties through non traditional channels.  4.

This has been well worth it compared to the 40+ hours I was previously spending doing this myself come tax prep time.

This plays into the affordability issues for tenants by allowing them to live in nicer neighborhoods for less money, yet I get monthly revenue comparable to short-term rentals.

@Tom Rairdon If you’ve owned your short-term rental (STR) for over a year, it likely qualifies for long-term capital gains (LTCG) treatment, taxed at lower rates (0%-20%) compared to your 33% ordinary income bracket.

Yes, it looks cool on Instagram and sells a lot of memberships but you get in the group and find many reasons to focus on more traditional strategies right away. 

Traditionally most lenders will require 25% down, however there are a handful that can do 20% down without any experience.