Byron Umana
New to Airbnb Hosting? Here’s a Step-by-Step Guide to Get You Started!
20 January 2025 | 8 replies
For example:If families frequently comment on the lack of child-friendly amenities, adding a crib or high chair could increase bookings.If professionals mention the need for workspace, consider adding a desk or ergonomic chair.Tailor Your Listing DescriptionOnce you’ve identified your target audience, write a listing description that speaks directly to them.
Leon G.
Getting out of the rental business after 10 years
10 January 2025 | 67 replies
One of them hired a landscape guy, well, the landscape guy never came so I was paying $140 per month for nothing for about 7 months.The other property manager didn't tell the tenants they were responsible to replace the ac filter, that bill was $1000 to replace the AC fan motor.I am really afraid of blowing off the money.
Jonathan Abrado
Pace Morby Gator Method Course Review
7 January 2025 | 150 replies
It seems there’s BiggerPockets fans and Pace Morby fans out there!
Bryan Hartlen
Anyone have good experiences with their property management company?
18 January 2025 | 11 replies
@Bryan HartlenManaging low-end properties can be demanding due to higher tenant turnover, increased maintenance needs, and frequent rent collection issues.
Edward Toomey V
5 months using RentRedi and I HATE it
19 January 2025 | 55 replies
@Edward Toomey V, agree; NOT a fan.
Blake Winiecki
New Investor in Southwest Florida
15 January 2025 | 12 replies
Frequent hail storms pushing insurance rates up in that market.
Noy Rivlin
First-Time Investor Looking for Advice and Connections in Pittsburgh!
11 January 2025 | 8 replies
So I'm a fan of buying in the path of progress from here since it's starting to expand outwards into cheaper neighborhoods.
Paloma Wodehouse
High Priced First Buy
8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.
Jack B.
What are the risks of DSCR loans?
19 January 2025 | 9 replies
https://www.biggerpockets.com/...12 Frequently Asked Questions (And Answers) About DSCR Loanshttps://www.biggerpockets.com/...8 More Commonly Asked Questions and Answers to DSCR Loanshttps://www.biggerpockets.com/blog/eight-questions-and-answe...What Documents Do You Need for a DSCR Loan?
Casey Graham
11 Doors, 13% Stabilized Yield, Town of 13,000?
23 January 2025 | 15 replies
I have sold a couple of businesses as well, and speaking from experience, you are never more vulnerable to make a mistake than when you are sitting on a giant pile of cash.Also, I agree with @Corey Conklin - I'm a big fan of "overflow cities/towns" in the sun belt.