On today's rookie reply, we're tackling three more thoughtful questions straight from the community,

covering some really creative and challenging situations.

First up, we'll talk about a property manager exploring a unique way to earn income by tying their pay to appreciation instead of rent.

Then we'll help a rookie investor figure out how to buy their next property

despite a high debt to income ratio. And finally, we'll give some tips to a couple with

kids who want to rent out a room in their home to medical students. Welcome to the real

estate rookie podcast. I'm Ashley Care.

And I'm Tony J. Robinson. And with that, let's get into today's first question.

Our first question up comes from Jeff. And Jeff says, I'm a super host on Airbnb for my own property.

And I'm considering starting to offer management to other people. But rather than taking a cut of the revenue,

which can make the

cash flow challenging for the owner in markets with decent forecast depreciation numbers,

I'm playing around with the idea of taking a percentage of any future appreciation. Has anyone

come across that business model? Any way to do this where I can see myself with X percent

of zero dollars unless there's no appreciation. Would this be an attractive

option for you as a property manager as opposed to a percent of revenue? This is interesting.

I've literally never heard anyone frame this question as a property manager to say like, hey,

I don't need cash though. I just want a piece of the appreciation. Have you ever heard anyone

structure or management

deal like this, Ash? Actually, I think that I have as I don't think that I would do this,

but I'm pretty sure that I have talked to people that instead of wanting part of the cash flow,

they want part of the equity and the property and it's a way to get them started in real estate investing.

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