My monthly PITI comes in just shy of $2,300 and the gross monthly rent collected is $4,000.

What gross bookings are you getting a month and how much is your operating expenses?

I was saying your gross rents were 3% of the purchase price which is great

The house is currently being rented via Padsplit, which seems to generate higher gross income than LTR.

Repeat with 6 other listings This will give you a spot on gross revenue and average daily rate numbers and for your area for the season.

5% of Gross Income.

Hi. just asking hypothetically (in case the seeking of partners is not allowed on BP), but if a co-signer on a mortgage got cold feet, is it possible to attract another by offering a share of the cashflow from a vacation STR cabin that grosses $70,000 per year?

So, through it all with the 4-plex through re-leasing all 4 units now at market rents and passing on the water bill via RUBS to the tenants and charging a non-refundable move-in fee we've increased the rental income by 12% and the gross revenue by 20% with zero vacancy.

Obviously, the first being to pay the IRS a certain percentage on the gross amount and the second being to pay the Canadian government on the gross amount AS WELL - not the “after U.S tax” amount, from my limited understanding this has something to do with the fact that the Canadian government doesn’t recognize an American LLC as a legal corporation and therefore any taxes paid on income produced through the LLC are not in any way recognized or credited after the income comes back to Canada.Other articles claim that there are “work-arounds” to avoid this situation, but they are very vague in nature - I brought this to the attention of my CPA, unfortunately he doesn’t have much experience with cross-border investing and wasn’t much help.I know most people here are Americans, however, if anyone has any experience with cross-border investing or any information that could help it would be much appreciated!

I believe my mortgage person said they'll count 75% of the expected gross.