Feel free to connect if you’d like to exchange more ideas

See if I can take some queues from AIRBNB, ST/MT/LT rental markets.As we get close to 90% at all locations, we turn off Advertising, since our local Vortex feeds enough renters to us.Start small and Make Your Big Mistakes Early.As usual, Henry’s post are precise, accurate, and chock full of great information.!

In ever case it has been a win-win for both the seller and the buyer.Benefits include:-Faster closing-Lower down payment/less out of pocket-Better deal terms-Fewer "hoops" to jump through-Allows you to scale faster (if that's your goal)I've been willing to pay slightly more for a property (which the seller loves) in exchange for a lower down payment or better terms. 

We used traditional bank financing, but I also rolled in a 1031 exchange, which made it even more appealing.

Hey Nick, Would be nice to exchange on this topic!

Additionally, you can consider the 1031 exchange, which enables you to defer capital gains taxes when you sell an investment property.

We will be doing a 1031 exchange on these properties, and are looking to 1031 the rest into some triple net lease properties.

Paired with a 1031 exchange, they offer the same tax deferral benefits as other replacement properties.

If you do a traditional cash out, the money is tax free and your tenants are paying it down.If you sell, you can do a 1031 exchange into a new property, but then that doesn't necessarily free up the cash, unless...You take the net proceeds and buy a new property cash.

Wondering if anyone's sold/run a hostel before - best exchanges, comps, or high-traffic networks?