Start the eviction process the first month they don't pay.

A minimum of 20% equity is my benchmark, ensuring I dont find myself upsupside down on my investment.Positive Cash Flow by the Conclusion of Year One:I aim for a positive cash flow figure at the end of the first year.

I wanted to share that some of the best deals take a long time to come to fruition. 

The plan was to upgrade 10 units at a time and increase rents after that.

You are intentionally trading time for money to make the numbers work.

For the 10 year period spanning August 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9.5%.With inflation nearing its 2% target and signs of a slowing labor market, The Federal Reserve is predicted to cut rates as many as three times before the end of 2024 (see here).

Purchase price: $315,000 Cash invested: $80,000This was my first Airbnb purchase.

Let me know a good time to chat!

Since my father passed away unexpectedly, i do not have cash in hand for the deposit.

Yes, I’ve got plenty of experience with this as we sell properties to out of state investors all the time.