Purchase price: $28,500 Cash invested: $178,000 Sale price: $250,000 Bought a 3 unit riddled with drugs or prostitutes from the city at the tax auction, spent a year gutting and consolidating all three units in two structures to a single-family home with an exterior side entry garage.

I know it's "all negotiable," what everyone says, but I also hear that most of the time it's standard 6% (3+3 paid by seller).Generally interested in how that ruling may be starting to affect attitudes on the ground or actual commissions in deals.

I did all of the activities he suggested for me.

With an STR, it has to be absolutely clean, a guest does not want to find evidence of prior guests at all. 

Therefore, the owner had to go all the way through the courts for an eviction. 

Quote from @Thomas Farrell: Hello All!!

I’ve isolated these three markets as they’re all within driving distance from my home and seem to fit my budget of $100K-$200K for purchase price.

This is a great place to learn and to connect with people so take advantage of all the great resources.

And for those thinking about jumping into hosting in 2025, with Airbnb's stock jumping 14% pre-market, is this the signal you've been waiting for, or does all this platform tinkering make you nervous?

Joining BiggerPockets is a fantastic first step – it’s where so many great real estate journeys start.