I encourage others to share their experiences and strategies as well, as collaboration can lead to collective growth and success.

I started long-term rentals last year with a focus on Section 8 properties.

The rate typically ranges from 15% to 20% for long-term capital gains, with an additional 3.8% Net Investment Income Tax (NIIT) potentially applying.OK, lets chat about the Canadian side.  

I don’t have any experience doing this personally, but I’m on Long Island and this is exactly what the couple who owns the property that my girl lives in does.They bought a home, lived in the home while they renovated it, added a basement unit and rented it out.

I stopped using carpets in my rentals a long time ago.

My question is what are the types of homes that attract long term tenants in this market?

Would you build a portfolio with long term rentals prior to investing in short term rentals, or would you use short term rental opportunities for quicker profit gain to expand on purchases of long term rentals.

AirDNA states: “Average yield is calculated by dividing the average annual revenue potential of short-term rentals in proximity to the national park by their average home prices obtained from Zillow.

Even Hard Money lenders (with 10% to 12% interest rates might have issue with that) PROPOSAL MADE and SEEKING OTHERS:Have the Husband agree to SELL her his 50% interest in the House on TERMS to the WIFE who wants to STAY in the home and where he would carry back a WRAP AROUND  Note - lets say for $1,425,000 at 7.0% with I/O INTEREST ONLY repayment terms  of $8,312.50 monthly and a 36 Month Balloon payment when the entire $1,425,000 would be due.

Good afternoon,Long time lurker and podcast listener.