Thu Pham
Purchasing an existing Airbnb with future bookings
14 January 2025 | 25 replies
Alternatively, you could pause bookings for a short period to complete any bigger changes without rushing.It really comes down to whether you’re prioritizing immediate income or taking the time to make it 100% yours.
Timothy Lawrence
House Hacking Advice (Washington D.C, Nova, Baltimore Area)
8 January 2025 | 11 replies
I can put up with a 1-hour work commute or a little more if it means having a house in a decently safe area.Other Info:Credit Score: 700s (due to student loan payments)Monthly Income: $4600Work Location: I commute to Northern Virginia and D.CGuys, I could really use your help or recommendations on what you would do if you were in my situation:Location: I'm thinking somewhere in PG County MD due to my commute, like Hyattsville MD.
Dan Grove
Looking for advise on finding private lenders
29 December 2024 | 13 replies
Starting out, I would try to take equity from your primary/another property using a HELOC, borrower against a 401k/retirement account, or partner with someone that has cash.
Jimmy Edwards
Ready to do deals!
10 January 2025 | 9 replies
When I ask for an income report, I received a spreadsheet with multiple units.
Gamal Harding
Navigating the Surge in Rental Application Fraud: A Guide for Landlords and PM's
6 January 2025 | 4 replies
This can range from minor exaggerations to outright lies about employment, income, rental history, or identity.Key Signs of Potential Fraud:Inconsistencies in Documentation: Discrepancies between the documents provided and the information filled out in the application form can be a red flag.
Igor Sinchuk
Hi BP community! I'm your go-to person for Airbnb Revenue Management
6 January 2025 | 1 reply
In 2019, I launched my own revenue management agency to help Airbnb owners boost their income and achieve greater returns on their short-term rental properties.
Craig M
wrap mortgage - how would you structure this?
19 January 2025 | 10 replies
They generally treat the debt like they would with a rental and count around 75% of the gross mortgage payment as "income" in the DTI calculation.
Michael Plaks
EXPLAINED: How to find a CPA focused on real estate
9 January 2025 | 20 replies
Most of the tax experts who specialize in real estate work completely virtually these days.That said, a local CPA probably does have an edge if your state has state income tax and especially if your city has a local tax on top of it.
Levi Perl
When to lower rental listing price?
3 January 2025 | 18 replies
Your ad should require "proof of income" not proof of employment.
Brady Ascheman
Should I keep inherited tenant?
2 January 2025 | 15 replies
Some people make 4x the rent but squander their income on eating out, drinking, car payments, etc.