I was going to run an STR in the home and he would enjoy a higher rent than from a regular LTR rental AND he would have the property managed too.All was going beautifully.

A good PM should be on top of this and not simply ride out the market shifts.Technology & Reporting: What tools do they use to monitor guest interactions, maintenance, and property performance?

These remaining assets will be owned free and clear, without any mortgage debt, and will begin generating consistent cash flow, which will be directed towards regular investor distributions.This transition represents a significant milestone in our strategy to streamline the portfolio, reduce risk, and ensure healthier returns for you all.Looking AheadAs always, we appreciate your trust and confidence in Poly Capital Group.

No matter how you cut it, you will get a higher return by doing STR than you would by doing regular rent. 

Just make sure you have a solid team and monitor the projects closely. 

Yes if you mean support yourself after you finish your regular job effectively using rent as a pension. 

Double check on insurance costs for a 400k STVR not a regular residential home.

You'll have depreciation of roughly 20k a year for the next 27 years so that means your 5k profit will be tax free plus you can offset your regular income and maybe save 3k in taxes there.

Learn which version is right for you in this detailed QuickBooks Online plans comparison guide:- QuickBooks Online Simple Start: Have employees and issue invoices regularly- QuickBooks Online Essentials: Assign hours worked to customers, track bills due, and provide access for up to three users- QuickBooks Online Plus: Best for retailers, wholesalers, contractors, and other small businesses requiring property cost, inventory tracking, budgeting, and access for up to five users- QuickBooks Online Advanced: Best for small and midsize businesses (SMBs) seeking fixed asset accounting, advanced reporting, custom user permissions, a dedicated support manager, and access for up to 25 users You can use it as a property management software to track lease dates, record maintenance request and moreNothing is confusing to use if you learn it.

I wanted to introduce myself as I am incredibly anxious to step foot into the incredible world of REI and would love to know if there are any local investors that meet/would like to meet on a semi-regular basis.I currently have a full time job in outside sales in the Arvada area so I do a lot of driving around which enables me to spend a lot of my time listening to podcasts and educating myself but I would love to get to know some players within my local area to really dive deep into the subject and in which I could potentially be of value in the future.