Does that rent include vacancy such as would be included if you used average daily rate (ADR)You have utilities, maintenance/cap ex including on tne furnishings, PM (always include it even if self managing because your time has value), potential vacancy, increase in insurance cost (STR/ MTR insurance typically costs extra), and miscellaneous.Your cash flow will be significantly less than the $1500 that was rent minus PITI.However, if the house is bigger than you need then there is opportunity.  

Hey BP, I have a smaller portfolio of long term rentals and I am looking for some protection advice. I’ve been advised to look into an umbrella policy. Any of you out there have experience or advice on an avenue to pu...

Or maybe get a bigger single family and rent the extra rooms?

Quote from @Mike Kirby: Quote from @John Underwood: I have a 6 BR Vrbo that sleeps 23.You can set your extra person fee above a certain number.We charge an extra $1,000 for weddings.If people just come over to visit we don't charge extra for that.Do you have a queen and bunk beds in every bedroom?

We dominate investor + agent keywords on Google.This is on the paid and SEO side combined too.I saw the data, THOUSANDS of investors every monthsearch keywords like "investor friendly agent" and othersall over the country and we at BiggerPockets show up atthe top every time.I just can't imagine a Real Estate Agent not taking advantage of this.All it takes is a message to me here on BP to learn howto get repeat business like Craig Curelop, and many others have.Just Google Craig's name, he even wrote a book for us.That's how powerful leveraging our platform is.Not only do you get solid buyer clients to work with,it expands your network 100x.Cheers!

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

@Dominic EberhardtHey Dominic, partnering with your grandmother makes sense since the mortgage stays in her name and you can use your savings for repairs.

The dominant strategy is to bid your true value—exactly what the object is worth to you.

Quote from @Dominic Mazzarella: Quote from @Treasure Soe: Hi everyone, I do cold calls for real estate and I know my accent is strong.

Personal branding dominate the content space anyway because you can't replacepersonality.Just my two cents.I've tried toying around with AI for marketing and leads, it just doesn't work.I know many who just end up working harder to convert than ifthey didn't use AI.AI is cool for specific things, not with building trust and a relationshipin a people driven business though in my opinion.Let me know your thoughts down below!