
4 June 2024 | 13 replies
I'd like to brrrr and hold long term and it don't make sense for me to do it in my market due to high cost of homes.

4 June 2024 | 221 replies
Buy term and invest the difference.

5 June 2024 | 1 reply
Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.

5 June 2024 | 5 replies
If you are ever wanting to build your own short-term rental, feel free to reach out.

4 June 2024 | 5 replies
Hello ~ I currently have a long term rental within minutes from me and just purchased a short term rental out of state.

5 June 2024 | 5 replies
How big of an issue are maintenance requests from residents in terms of time, cost and resident frustration?

5 June 2024 | 6 replies
If the area is full of short term rentals (investor buyers) then the HOA is a big line item expense and does have an effect on the price.

2 June 2024 | 6 replies
I'm setting up our basement apartment as an Airbnb and need a recommendation for a reliable cleaning service. They would have to be able to serve the Wallingford area of Seattle. Any referrals would be helpful! If yo...

5 June 2024 | 14 replies
Loan amount: $135,000 - $40,500 = $94,500Using a mortgage calculator, we can calculate the monthly mortgage payment:- Principal and Interest: - Loan amount: $94,500 - Interest rate: 5.5% - Loan term: 30 yearsUsing the formula for a fixed-rate mortgage, the monthly payment is approximately $535.89.Next, let's calculate the monthly cash flow:- Monthly rental income: $995- Property taxes and insurance costs: $101Monthly Cash Flow = Rental Income - (Mortgage Payment + Property Taxes & Insurance Costs) = $995 - ($535.89 + $101) = $995 - $636.89 ≈ $358.11Now, let's calculate the ROI:ROI = (Annual Net Income / Total Investment) * 100Annual Net Income = Monthly Cash Flow * 12 ≈ $358.11 * 12 ≈ $4,297.32Total Investment = Purchase Price + Closing Costs = $135,000 + $5,500 = $140,500ROI = ($4,297.32 / $140,500) * 100 ≈ 3.06%So, the monthly cash flow on the property is approximately $358.11, and the ROI is approximately 3.06%."

9 June 2024 | 36 replies
The more I read, the more convinced I am that Google/SEO is the best long-term strategy for getting quality, consistent leads.