As PO BOX rates have more than doubled in the last 10 years, I'm trying to setup an additional mailbox for my fourplex building for the purpose of receiving administrative mail to effectively use it like a PO BOX.

You get a 30yr loan on a fixed rate, the debt is paid by the tenants, while you still cash flow.

CAP rate (how many real actual dollars you put in your pocket every year) and wholesale (value of the property and wholesale value of the trailers). 

I recently set up an LLC to manage and eventually take ownership of the property as soon as possible but I am assuming my lender will not allow that without refinancing with a higher down payment/interest rate.

That is a 0.033% success rate.

This week's post goes out to the data-driven folk...First, let's talk about two key metrics: Average Daily Rate (ADR) and Occupancy Rate (%).Understanding ADR: Maximizing Rental IncomeThe Average Daily Rate (ADR) is a key metric in the short-term rental (STR) industry.

Investment Strategy:Buy and HoldInvesting herebecause: Potential to Appreciate in Long Term (10yrs+), want to build NetWorth, Affordable in my budgetYear 1 Evaluation: Gross Monthly Rental Income = $2,042.50 Monthly Cashflow = -$76.05 GRM = 12.79 Cap Rate = 5.12% CoC ROI = -1.11%Hoping that theinterest rates go down so that the monthly cashflow becomes +ve.

For long term I have less to manage but at the nightly rate and high occupancy the numbers sound way better.

I check the SEC, FINRA, ratings websites for inside information on the principals in the company.

One of my high school buddies actually house-hacked there back in 2019.