Hi All,
We are under contract on our first property intended to be an STR! We're very excited! This is an A-Frame home (about 1,700 sq. ft.) in the mountains of Colorado. Someone with a home in the mountains mentione...

More effectively monetizing each of your transactions is not only smart but may be a necessity in the post-NAR Settlement era.

Im 23 and will continue to work until 30-35, and by then I would be able to either continue working BY CHOICE rather by necessity.

This deal wasn’t about interest, but necessity, as my wife and I agreed we wouldn’t rent again.

Cash flow is the safety net that shields your investment from the necessity of a rushed sale, while appreciation leads to wealth accumulation.

In those cases, the answer is "yes" out of necessity.

As Jay mentioned, massive power requirement that will not get cheaper in time, and along with large water requirements for cooling the rack systems, so targeting locations that provides these necessities is key.

I would look at your wish list here and pare it down to necessities to make the project clean bright and sellable. 

I just wrote an article about how to recognize when it is time to move on, and how you can do it swiftly.I see time and time again property managers, owners, and tenants having a great debate on what is functional necessity and what is decorative. 

You are dealing with discretionary spending from your customer base vs necessity spending with an LTR.