STR is becoming a difficult strategy because there are so many costs (furniture maintenance, utilities, internet, etc.) that you have to factor in and if you are in an oversaturated market, then unless your property is unique, you can only compete on price.

It’s an older motel, so other hotels are getting more guests.

Discriminating against families with young children is illegal, so if such a family applies and is the best tenant, you are required to delead the property before they move in.

My mom is in her 80s but she might live to 100, so if I were in your situation, I would not be thinking about "would it be better if mom died".Academically, I think you could inherit her shares at a stepped-up basis.

The second one for August happened this morning, so the next one isn't for a few weeks.

https://www.fincen.gov/resources/filing-informationI went onto the Fincen website and there are a bunch of forms...So I cant figure out which form to fill outWe have a few LLCs that hold rentals...

So, my condo is in a prime location just a few blocks from the beach.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Really apologize if this is a stupid question, but I’m new to RE investing so I hope to get some help with this basic question. i recently went into contract for my first rental property out of state (PA).

I’m very grateful and lucky my investments have built so much equity and capital but I would like to move it into monthly cashflow so I can work away from a w-2.