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14 October 2024 | 31 replies
Using a turnkey condo for short-term rentals on weekends while reducing your commute could be smart, as long as STR income covers costs and local regulations allow it.From tax perspective, if you personally use the STR as you intend, you cannot create losses under vacation home rules.
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14 October 2024 | 8 replies
I really have enjoyed @david Greene keynotes in the past (his market is similar to mine so we have similar mindset) but I suspect that may not happen again (he was at the BPCon).
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15 October 2024 | 5 replies
It's just one extra manual step I wish I didn't have to do and I wish I could just post a link on my rental ads.Otherwise overall, no complaints, I've enjoyed using it and plan to continue using it in the future
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14 October 2024 | 3 replies
Do you enjoy hosting out-of-town guests in your home?
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14 October 2024 | 4 replies
Also, at the end of the day, if you have budget left over, make a draw and enjoy that tax free money.
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12 October 2024 | 4 replies
Hi, would love some input/advice on buying a small cottage in Saugerties, upstate New York(mid Hudson Valley).Looking at buying as a STR/vacation home for myself.
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13 October 2024 | 0 replies
., with a diversified economy and a strong job market.Opportunities: Multifamily developments, long-term rental properties, and flipping projects.Houston:Reason: Known for its oil industry, Houston has diversified its economy into technology, healthcare, and manufacturing.Opportunities: Commercial and industrial real estate investments, as well as residential projects.San Antonio:Reason: It's experiencing continuous infrastructure growth and is more affordable compared to Austin and Dallas.Opportunities: Affordable housing and expanding development projects.In Florida:Orlando:Reason: Orlando’s tourism industry continues to drive growth, alongside its rising status as a tech and medical hub.Opportunities: Short-term rental properties, multifamily developments, and new residential construction.Tampa Bay:Reason: Tampa is experiencing a population boom and is considered one of the best places for job growth in Florida.Opportunities: Waterfront properties, new housing developments, and commercial real estate.Miami:Reason: As an international business hub, Miami is attractive to both investors and high-net-worth individuals looking for luxury real estate.Opportunities: High-end residential and commercial properties, luxury condos, and fix & flip projects.Sarasota:Reason: Known for its beaches and quality of life, Sarasota attracts retirees and families, boosting its real estate market.Opportunities: Residential developments, vacation rentals, and waterfront properties.
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12 October 2024 | 5 replies
Markets with good demand for vacation rentals and potential for solid returns?
15 October 2024 | 8 replies
Delayed Advertising for Vacancies:They don’t list properties for rent until the tenant vacates, which prolongs our vacancy periods.
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12 October 2024 | 54 replies
@Jay HinrichsAfter the closing keynote they announced the location of BP2025 and Jay will be happy to hear it is in Las Vegas (he has advocated for Las Vegas at least a few times).I will say I enjoyed the lower attendance of this year compared to Orlando.