![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2822052/small_1737074606-avatar-davidm2505.jpg?twic=v1/output=image&v=2)
17 December 2024 | 16 replies
What I did find is that as a builder in eastern tennessee, I could build STR cabins for less than 70% LTV so that I could effectively BRRR my way into growth without coming out of pocket for a down payment.Now it does take a lot more cash to do because as a builder I have to front a lot of money at times (land, permits, each stage of construction while I'm waiting on the draw).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1193193/small_1621510073-avatar-kaylam31.jpg?twic=v1/output=image&v=2)
2 January 2025 | 53 replies
This will effect your ability to obtain financing for quite a few years but may be worth considering.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2046206/small_1628215957-avatar-meghandreher2.jpg?twic=v1/output=image&v=2)
20 December 2024 | 10 replies
Even in the off-season - you can optimize visibility by setting competitive pricing, using high-quality photos, and enabling Instant Book with flexible policies.For older listings, try adjusting prices with dynamic tools, highlighting upgrades, and regularly updating your title, photos, or descriptions to stay fresh in search results.These tweaks can make a big difference!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1235903/small_1679945247-avatar-viviany1.jpg?twic=v1/output=image&v=2)
10 December 2024 | 10 replies
There's really not a cost-effective solution for utility monitoring for SFR, other than Nest.WhatsApp for business communications is lmited - how do you scale and hire someone to handle, while being able to track what they do?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1947183/small_1734887505-avatar-duncanf3.jpg?twic=v1/output=image&v=2)
11 January 2025 | 31 replies
Be sure to utilize tools of the trade for the best information.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2656001/small_1733679980-avatar-travism343.jpg?twic=v1/output=image&v=2)
9 December 2024 | 5 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2989529/small_1712344766-avatar-beno91.jpg?twic=v1/output=image&v=2)
19 December 2024 | 5 replies
For something more robust, tools like Excel or online calculators from financial planning sites might better suit your needs.Your ROI Formula:ROI = (Net Cash Flow ÷ Total Out-of-Pocket Investment) × 100For your scenario:Net Cash Flow = Annual Rental Income - (Mortgage Payment + 401k Loan Payment + Other Expenses)Total Out-of-Pocket Investment = $40,000 cash + $50,000 loan payments over 5 years.I came across a piece in Bloomberg recently discussing creative financing, and they touched on ROI calculations for multiple loans.Personal anecdote: A buddy of mine leveraged a 401k loan for a fourplex.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/210512/small_1651683954-avatar-jfernez.jpg?twic=v1/output=image&v=2)
19 December 2024 | 82 replies
It’s especially effective in eastern PA, where competition and inventory can be tough.If you’ve got $80K, I’d suggest capping your initial spend at $60-65K.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3156177/small_1733952471-avatar-johnw1703.jpg?twic=v1/output=image&v=2)
17 December 2024 | 4 replies
You can use Airdna & other STR estimator tools to get data on potential income/vacancy based on your location and property size.