Unlike the podcasts they are telling people to buy million dollar properties and try to cash flow lol!

When it comes to Google Ads, every dollar spent is crucial.

I'm looking at a multi-cabin STR deal that pencils out well from % a return perspective, but would involve an annoying amount of complexity managing guests when I consider the actual return in dollars I would be receiving.

@William Coet it’s a different business model altogether.I love highly desirable areas that attract highly skilled high income college educated workforces.They tend to be more liberal and therefore the landlord tenant laws.The percent of their income that goes to rent is typically much less than 20% so a rental increase of 5-10% is nothing to them.They are typically lower cap rate areas and therefore every dollar of net operating income that is earned is explosive to the underlying asset value.

it is more difficult than advertised, and you will likely be IN-vesting - putting money INTO the property - for several years, perhaps even 5-10, before you see a dollar in 'cash flow.'

We calculate gross income as all dollars coming in except taxes.Our clients gross revenue is the room rate (top line) expenses minused out and then they receive their net income.Net profit (or loss) would be then when they subtract debt service, property tax, insurance, utilities, etc.

Quote from @Pete Schiebel: It's the same dollar amount for the tenant, but it's more leverage for the landlord.

The idea of them being expensive is that the lead generally buys more than one property, so the dollar per lead decreases.

. $50,000 times 15 acres equals $750,000.You give that $750k development right to an agency, and It is treated as if you gave $750k to the Red Cross.It's a huge deduction.Depending on your tax bracket, that tax deduction could be worth several hundred thousand dollars to you.It's a pretty big deal.

We have quotes and know what the work will cost (we're talking tens of thousands of dollars).