I added 194 sf to the property with an additional bathroom added. i expanded the master bedroom and added a master walk in closet. i added a 200 sf deck and put in french doors from the dinning rm to open up the space to the back yard.

Purchase price: $1,228,800 Cash invested: $45,000 4 unit with a bonus 5th unit (finished basement with 2 bedrooms, 1 bath, and complete kitchen).

If a bedroom in a shared home is normally priced at $45 per night, aim to get bookings near the $70 mark.OccupancyOccupancy rates are another important metric to consider when analyzing a short-term rental market.

Even if you can't buy a multifamily, you could at least buy a home and rent out the extra bedrooms to roommates.

When running the numbers on this property it is listed as a 2/1 with over 1,100 square feet so i know we can create an other bedroom during the rehab converting this into a 3/1 the comps i have ran actually valued this home at around 150k-160k (two property's sold at 160k in the last 6 months)  i was being ultra conservative on the 135k ARV running this report.So 15k return is my worse case. i am wanting to make it a habit to be conservative with my numbers.

West side of Cleveland, Oh9500 lorain ave cleveland oh 44102Needs FULL rehabComes with paved parking, very RARE on Lorain ave, also come with drawings and plans, over $20k value13 x 1 bedrooms ($600-650)2 x Efficiency ($500-550)1 x 2 bedroom ($800-850)When finished should bring in 9-10k monthly gross ( do your own DD)Asking $499,999Message if interested, won't last long!

Carpet only in the bedrooms as a rule.

Love to find something with a nice size yard, near an acre, 4 or 5 bedrooms, basically a forever home.

My dad signed me up for a seminar in Burr Ridge, despite having fully rehabbed a four bedroom and two bedroom home!

On the 3rd floor the tenants will be moving out by the end of the month and it looks like a perfect place to start an Air BNB, Nice view, private walkway, 2 bedroom, kitchen etc.