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12 January 2025 | 12 replies
@William Taylor where did you get the tax info from?
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15 January 2025 | 9 replies
Here is a video that runs down the basics - https://s-media.nyc.gov/agencies/specialenforcement/01-Legal...There is also a prohibited building list - https://www.nyc.gov/site/specialenforcement/registration-law...Here are some more info overall - https://www.nyc.gov/site/specialenforcement/registration-law..All of this makes STRs in the city pretty tough but it certainly not impossible.
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11 January 2025 | 13 replies
The DSCR lender will likely rely on both the 1007 and the AIRDNA info, sometimes at the lender's discretion (which one they will use for income calculation).
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5 January 2025 | 17 replies
That data would be sales price after remodel (the true numbers some agents really don't have the experience to be comping the property), the days on market you will experience (this is great info because you want to recycle the money quickly), and resources to sell the place fast not slowly which you do not want this because this could put your holding costs extremely high and push the property to little profit or no profit.
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12 January 2025 | 14 replies
I did just have my first GVR guest (arriving 1/14) ask me for one additional bath towel and face towel for each of the 3 guests.
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12 January 2025 | 8 replies
We have a few opportunities that we could send to you, if you want to message us your contact info.
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9 January 2025 | 43 replies
Feel free to ask any questions here.In addition to a "Facebook community", how about a Slack channel?
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16 January 2025 | 1 reply
Even successful and furnished properties often need a refresh and at least some additional reinvestment due to wear and tear. - Production: Typically STR production on the Oregon Coast is +/- 10% of valuation.
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12 January 2025 | 8 replies
In addition, you'll have depreciation recapture at rates up to 25%.
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6 February 2025 | 42 replies
Let me know if you want info on specific markets or tools to get started.