In fact, according to Rentometer.com, your new rate is almost 15% lower than the average rent of all 1-bedroom units listed for rent in the last year within a one-mile radius of your address, which is currently $Y.We are aware that any increase in household expenses, however minor, can have a financial effect.

Although it is not a home run, it is a base hit, and I will take a base hit all day long How did you finance this deal?

One, is the long, drawn out method by which you get the other party “invested”; time wise as well as emotionally in concluding the deal.  

Tenants are hard on things and you want the cabinets to last. 

Hey Tip,I've been a real estate broker and investor in the Cincinnati market for the last 25+ years. 

Hosting a meet up/virtual meet up on June 18th focusing on using virtual assistants to help with management of multiple short term and long term rentals. 

I would also want to make sure that either short term or long term rents can support the full morgage payment, since there is not a DSCR specific program geared to mid-term rentals yet. 

I did about a dozen last year, and a handful so far in 2024.As investors we take risks, and when you consider them all, having a note called is on the low-end of the scale.

The rate fell from 6.95% last week to 6.87% this week. 

Does anyone here run profitable rentals (long term or short term) and would be willing to share some good locations / strategies on getting started?