We’ve had great success with our listings, regularly achieving 5x the market average ADR on Airbnb and receiving frequent offers from local realtors to purchase.We’re now considering scaling up with a new project and have been approached by a friend who’s interested in partnering with us, providing financing for renovations.

If you have been using expensive vendors, consider switching to more affordable service providers or negotiating bulk discounts for regular services like landscaping or repairs.

Liens are being filed regularly against Blacktip-involved properties.

If 80% of $4,200 ended up on the depreciation line (in addition to the regular depreciation of the building) - you are fine. 

You do not state what is actually "breaking" with your systems, but AC's generally last longer than many other appliances when they are properly and regularly serviced.

I clearly don’t get on here regularly enough 😑

Hi Anna,We can do 80% ltv in this price range and regular do one or more properties for clients in OH markets.

I don't think it really matters what you record in QB if you need this for taxable income purposes, your accountant is going to make whatever adjustments they need to make anyway.The only depreciation tracker I use is the fixed asset schedule my accountant provides with my tax return.

To stay on track, I suggest having a detailed project timeline and regularly checking in with your team to keep everyone aligned.The real estate market can change quickly, impacting your projected sale price.

Replacing three 10,000 gallon tanks (hi-test, regular, diesel) can run $150,000.