And longer term stays pay less in taxes, hence the comment about 28+ night stays may differ)This highlights why a dynamic pricing tool such as PriceLabs is crucial for success in STR/MTR, so all of this adjustment takes place automatically, behind the curtains.

With that in mind, I’m curious what you all are seeing and how you’re adapting your rehabbing game.Here are a few questions:Are you shifting toward smaller “light-rehab” deals rather than full gut-renos because of cost/time pressures?

@Henry Clark I managed risk by staying hands-on and keeping control where it really counted.

But interestingly, a lot of people I talk to are still mixing in creative or alternative options — DSCR loans, private lenders, and joint ventures — to stay competitive in tight markets.It seems that even with rates improving, speed and flexibility are still huge advantages, especially for flips and mid-size rental projects.I’m curious — how are you all approaching financing in today’s market?

More visibility means more chances to fill your calendar.Consider mid-term rentals.If you’re thinking of switching to long-term, try mid-term stays first (30–90 days).

Are lenders tightening up, or still staying flexible with LTVs and experience requirements?

How hard was it to make your first 10k, and how can you make it easy from the knowledge you know today.

Keep the place well maintained, stay close to market rent, and over time both equity and cash flow tend to take care of themselves.The best part?

They have state-specific templates that are very affordable (only $10 per lease) and you can adapt them as you see fit.

Doing the proper due diligence & been seeing that in order to use SMS blasting you have to stay TCPA compliant and have the homeowners opt in.