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All Forum Posts by: Chien Yeh

Chien Yeh has started 1 posts and replied 4 times.

Post: How to Sync Airbnb & VRBO calendars

Chien YehPosted
  • Investor
  • austin, tx
  • Posts 4
  • Votes 0

syncing is up to one year

https://www.airbnb.com/help/ar...

Post: buy and hold and self managed

Chien YehPosted
  • Investor
  • austin, tx
  • Posts 4
  • Votes 0

I don't live by the rules. lol

Post: buy and hold and self managed

Chien YehPosted
  • Investor
  • austin, tx
  • Posts 4
  • Votes 0

Investment Info:

Single-family residence buy & hold investment.

6 SFH
all cash flowing $1200 or above each
passive income after PITI, HOA, management, vacancy, and expense roughly 7k

What made you interested in investing in this type of deal?

it's the most cash flow you possibly can make.
rent out each rooms in a home individually. a SFH that cost 250k, rents out for $1700 in say 78747, i can make $3300 instead by putting up walls and rent rooms out individually.

How did you add value to the deal?

adding walls and establish rules and chores to the tenants.

What was the outcome?

can still meet the 1% rule (1.5%) easily buying brand new homes off MLS if you're willing to self manage your tenants.

Hi, I'm in the acquisition stage of rental properties.  3 so far in austin.  I personally rent at a duplex. 

I want to know which of the expense items on my taxes can be added back in as income under the Fannie/Freddie rules in the eyes of underwriters.  I've spoke to various loan officers they say gas and office space in my home for sure, as well as depreciation but what about 

A) repair on rental property (electric/plumbing/roof)?

B) add-ons to rental property (room addition/awning/pool)?