Mashvisor – Helps compare long-term vs. short-term rental potential, especially useful if you’re weighing both options. 4.

So the question is whether your house is a good rental investment long term.

I would like to find a way to generate additional income and am exploring options other than having a long-term roommate.

Looks pretty detailed and might help you answer your own question!

Southwestern Michigan offers plenty of charm and is a destination place but would definitely make sure your ROI makes sense based on your long- and short-term goals with the property.

@Shiloh Lundahl I will do value add specifically with ADU development, so I am tracking permits to find other ADU developments and overall inventory growth to find a competitive edge with supplying demand in areas lacking larger residential developers aka "the middle housing"@Arlem Garcia Interesting, Tariffs will play a big role in supply chains, so it will be interesting to see how governments come to resolutions@Henry Clark Absolutely, imo gone are the days of investing for cashflow or appreciation, now it's about aligning long-term strategies with lifestyle 

I bought several multi-family this way and negotiated financing terms that were better than the bank.Cody Davis started investing at 19.

20% down is available, 25% down will bring significantly better terms in a lot of cases. 

Creative financing options like seller financing or assuming a low-interest FHA loan can also help you secure better terms.

At one point my Brokerage employed over 70 Agents and trust me, those stats track.So when a company starts advertising on my show, or an Agent starts working at my Brokerage I can usually if they'll make it long term or if they'll flame out.