Hey BP community, wanted to know if any of you have any good resources that clearly map out laws/stipulations of operating an air bnb out of a property in Westchester, NY?

Great tip!

Please reach out if you have any tips; just here to learn!

And, there is every possibility that I am able to assume quality debt if I am a low-leverage purchaser.

Quick tips…✅ Everyday Homeowners - track all home improvements as you could qualify for energy efficiency home improvement credit - new exterior windows, new central A/C, new hot water heater, new insulation material.✅ Investors - Keep detailed records of ALL rental property expenses to reduce your taxable income - helping your CPA spot additional tax saving opportunities.Imperative to use a CPA who is well versed in Real Estate tax code.My CPA is just that - DM me to get his contact information....

Any tips would be appreciated

Current rents and building quality needs work, total rent income is around 5k/month, parcel is quite big 14k sqft.

The reason i like working with Mark (along with the quality of what he puts out, which is better than most cost seg studies I have seen) is we have a great working relationship that we can readily discuss a client and their goals.

If you have any tips, tricks, or advice when it comes to flipping, BRRRRing, or development, we would greatly appreciate it!

Appliances supplied mean better rents and a higher quality tenant.The location of the rental and the type of tenant you want will dictate what you supply.Finding a good supplier of new appliances will get your cost down to the point that used doesn't make sense.