When I increase my rate based on the 15.5% to cover what was once the guest fee (I also did the math and increased my rate by 18.34%), I am doing so on all of my fees (rate, cleaning, etc.), before I used to absorb the 3% because it wasn't that much on things like cleaning.  

Anyone have a simple way to calculate ROI for the first year for a rental property? In other words is this a good formula (cash on cash return % + 3% appreciation + 2% tax benefits + 2% amortization)? I don't know...T...

I’m currently building a long-term plan and already doing my homework on markets like Nashville and surrounding areas.

I frequently receive 20% off coupons from the big box retailers 3. when it comes time to sell, many buyers real estate agents will do homework on the current owner before making an offer.

Just as with deals off the market remember to do your homework and stick to your numbers.

Can someone help me to figure out the math behind it?

We do the math 2 ways...what if they pay us and what if they don't and typically go with the lower number.

And if you’re listing the house online, try platforms like LoopNet or local Facebook groups for real estate or community housing.Just make sure to do your homework and ask for references, check their track record, and make sure they’re following any local zoning or licensing rules.

Fix & flip is a great way to build momentum, and it sounds like you’re laying the right foundation by doing your homework first.

I see too many new investors fall for the trap of bait and switch and it can be completely avoided with more homework.