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11 January 2025 | 3 replies
I currently have SFH and multi-family long term rentals and I partnered on a short-term rental.
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25 January 2025 | 155 replies
This my friends on BP is just the reality of Real Estate you have two basic methods One mom and pop keep their day jobs and start buying long term hold rentals as they can afford them and if they like it they keep at it..Two you jump in the game and try to make money transactionally IE RE Broker Flipper Wholesaler MLO leasing agent etc etc.. this also is a long term ramp.. what the Guru programs attract generally speaking is those that get excited think they can somehow buy a program ( any program pick one) and its going to jump start them to this mythical financial freedom everyone talks about..
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5 January 2025 | 5 replies
When I had my B&Bs we also included local restaurants and attractions in the packet of information which you might want for a STR.
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11 January 2025 | 3 replies
If this were my property, I’d run a detailed rental analysis (from what I’ve read in Forbes) to see if the short term route could outpace traditional leasing.
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25 January 2025 | 24 replies
Doing short-term rentals would be very interesting.
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14 January 2025 | 15 replies
Short answer, no - not to my knowledge.
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8 January 2025 | 34 replies
Trust me, I have been there.I suggest you try to House hack in cities that you are already familiar with and have some connection with.Hire a great investor agent in that market and ask them all your questions and concerns.That I believe is the best way to get personalized advice tailored to your goals and lifestyle.You giving out Cleeveland and Toledo on your post will only attract biased opinions and advise.Only you know what you truly like, want, and can deal with.As Nicolas said, read this post and comments and hope that gives you a new perspective. https://www.biggerpockets.com/forums/12/topics/1215726-break...https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1137397-balti...Goodluck and keep us posted.
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13 January 2025 | 5 replies
I think your clients should think about this as short-term funding that they would need to pay back rather than a long-term solution for capital.
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11 January 2025 | 18 replies
I plan to kindly follow up with collecting.Trust but verify - I looked it up & there was a news story about itAnyone know of any resources out the there to help him in the short term with rent?
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9 January 2025 | 6 replies
Will ping you shortly.