All Forum Posts by: Melissa Ford

I'm a Real Estate Licensee who works in a very remote, fly-in access-only community. I'm not interested in IDX or MLS, but I do want to showcase my listings online via my website. I used a very user-friendly template site, Point2Agent, but they no longer do sales and now only focus on rentals. Are there any template sites for agents that are not focused on IDX feeds from a MLS?!?!?!?!

Sounds like you have purchased a liability and not an asset! I look for positive monthly cash flow and ROI, if you are putting more money into than you are getting out of it something has to change. A refi will further decrease the ROI as a result of financing fees/closing costs. Sounds like a lemon.

I have a mixture of LTR and STR. There are some fabulous tax deductions available for STR that don't exist for LTR. They are a little more work but I offer a substantial deduction for 30 days plus and keep my minimum stay at 7 days. Most of my guest are local businesses who need short term housing for employees and contractors, but I will fill in the gap with my AirBnB account. It allows me to block off days. The fees on both ends are pretty high but they helped me get "established" and after 5 years only 10% of my guests come from there and the rest are word of mouth.