I just purchased my first Short Term rental and am looking into Smart Home Devices.

What is your yield looking like?

When ROE falls below this range, it might be a sign that your property has accumulated too much equity, and you could consider options like cash-out refinancing, selling, or 1031 exchanges to redeploy that equity into higher-yielding investments.During the growth phase, focus on maximizing returns by keeping your ROE within or above this range.

Turning a $55,000 purchase with $65,000 in renovation costs into a property now worth $140,000 shows strong value creation.

In this case, the vendor was a home inspector.

I am looking to possible leave Evolve and I have a lot of booking in Jan and February .

Any thoughts on best practices for converting equity in property into cashflow.

This was posted online.

It's awesome to see someone with your investment background diving into the local real estate scene.

Where they were all looking at it as “$250,000 to fix it up”, I was looking at “how much to tear it down and subdivide”.