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25 February 2025 | 7 replies
The key here is that STRs are treated differently from long-term rentals for tax purposes—they’re not considered passive if you materially participate and the average rental period is less than 7 days.
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14 February 2025 | 11 replies
Our opinions should not make a difference, if you're doing your diligence properly.You'll just get realtors, or real estate professionals, from both locals promoting their area based off a keyword search for posts like this.
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27 February 2025 | 9 replies
As I work on preparing my first STR which I plan to materially participate in for 2025 and manage myself I'm wondering about furnishing the place and getting it ready for guests.
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11 February 2025 | 10 replies
If you only have one rental it's likely overkill.Maybe check out RentRendi, there are some promotions for BP Pro members.
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28 February 2025 | 24 replies
If payment includes your maintenance team, materials, cap ex allocation, asset protection, book keeping, etc then I think further breakout would helped clarify.
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22 February 2025 | 7 replies
We have used a screening process, where the floors are not sanded but screened with a material like a window screen.
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13 February 2025 | 1 reply
With myself as an operator I would offer the following: underwriting the deals, a detailed scope of work, a detailed material list, the labor, and the management.
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10 February 2025 | 3 replies
GPs can only promote on classifieds.
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10 February 2025 | 20 replies
Quote from @Jimmy Lieu: Quote from @Andrew Syrios: The BRRRR strategy is tough these days (I even wrote an article about it that goes into more detail a little while back: https://www.biggerpockets.com/blog/beyond-brrrr-taking-advan...)In short, high interest rates as well as labor/material costs makes it hard to buy a property with debt and cash flow.
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29 January 2025 | 3 replies
if i want realtors to promote to their lists in another state?