I like that platform.  

Jay Kaufman, Chair of the Joint Committee on Revenue, and then Rachel Lake, Operations and Constituent Services Director for Senator Julian Cyr, who represents the Cape and Islands.As we mentioned in previous communications on the topic of the Lodging Tax, the momentum is growing among Cape and Islands Chambers of Commerce and state legislators across the state to impose the 11.7% Lodging Tax to all short-term rentals, with 5.7% going to the state and up to 6% to the towns.Our opinion piece that was published in the Cape Cod Times on April 5, outlines our reasons for opposing this tax.Despite our concerted efforts for nearly ten years, it is becoming increasingly clear that legislators are intent on imposing this tax and will likely succeed.Homeowners can certainly continue to lobby against this tax, but a more realistic approach at this point might be to attempt to mitigate the negative effects it would have on the Cape and Islands.

Marty Gold I think Ed E. is on the right track with a boring ol' money market account.

Current businesses include: ESmith Legacy, a premier real estate development and asset management firm; EJ Smith Construction, a Dallas-based commercial and civil construction manager and general contractor; E Smith Realty Partners, a national commercial real estate services company; E Smith Capital Partners, specialists in the procurement of commercial real estate equity and debt financing; and Prova Group, Inc., a mobile authentication company."

Thanks a lot, @Jamal Pitts  The property is 1743 N Peach St.Also, what are your thoughts on E Mt Airy.  

It's better to account for it now so you know your property cash flows from day 1 including all expenses)E) Repairs & Maintenance = 6% each i.e. 6768F) Total Opex = 24,408NOI = 56400 -24408 = 31992Debt Service = 4.25% term 20 years ~$32498Cumulative cash flow = NOI - Debt Service = 31992 -32498 = -506Based on the assumptions above the property wont cash flow.

@Amy E.  

looks like it'll e a fun project.I say you leave the main floor, which seems to be the kitchen and the living room as is. 

I have learned so much at this platform for just a little bit money that I would have spent much more otherwise.My purpose for this post is to let other members know as real estate broker, I got my first listing today because of bigger pockets.

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