What I would recommend is using your vacation rental and bank a couple weeks a year into the "pool" to swap...the rest of the time it's generating income.Aloha,Jeff

Repeat business to these guys is the biggest thing they want, and when you're a repeat customer, you are more likely to get a good deal or priority on a call out.

You can only fax documents and they have 400 people that are relying on a very bad system the records very little information so you end up talking to different customer support people that can not really help if you need help and that ask you to fax them a print screen of the website if you have a question about a page on the website.

Based on what you've said it doesn't appear you're looking for  tax write-off so what you'd wind up with is a a cash burden chasing presumed appreciation and unless Costa Mesa is an on-fire seller's market you'd probably not experience a great leap in equity in one year.I own rental property that generates income monthly and nets me about $30k per year as an income supplement.

We also need it to generate some sales tools including appropriate financial measures (because it's different from other funding models, some education is needed).My wife and I have begun to test a second business model that will need the same kind of analysis, and we have other models waiting after that. 

Properties near downtown/hospital/university don't tend to be very uniform here in Ann Arbor, so the analysis needs to be customized for each one.  

For the property you looked at with a 9.7% cap rate, that means, if the property costs $100,000 to purchase, it will generate $9,700 of NOI.  

Hello all,My wife and I currently have 5 rental properties, and we would like to buy more, but we're very aware that our money will run out unless we generate more capital.

They are usually small operators who just move from customer to customer.

@John K.We use appfolio for our property management system and it allows us to customize our applications and once prospective tenants apply online we get notified.