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5 February 2025 | 56 replies
NY is expensive and can understand why people are saying Ohio.It sounds like this is for a long term rental.
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19 January 2025 | 14 replies
I think if you are going to keep all three parties involved as owners of the deal long term then you need to separate yourself as a renter and a contractor.
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4 February 2025 | 9 replies
If transferring the property to an LLC, be mindful of the due-on-sale clause, and note that an LLC itself does not offer tax savings unless electing S-Corp status, which is rare for rentals.To maximize tax benefits, consider cost segregation, bonus depreciation, and short-term rental (STR) strategies, which could allow you to offset W-2 income if structured properly.
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18 January 2025 | 7 replies
As Columbus cements its reputation as a tech hub, the ongoing and planned investments by major tech firms are likely to ensure long-term growth in the local real estate market.
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30 December 2024 | 6 replies
Tools like QuickBooks or even a simple spreadsheet can help you mentain compliance and prepare for audits.Reinvest WiselyScaling a short-term rental business often requires reinvestment in marketing, property upgrades, or even hiring help.
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15 January 2025 | 18 replies
., short-term rental, mid-term rental)?
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28 January 2025 | 10 replies
Personally, it’s something I always expect from a short-term rental, and it can have a huge impact on your reviews.To make things easier for both you and your guests, consider smart tools like locks, outdoor cameras, and smart thermostats.
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6 February 2025 | 7 replies
In terms of documentation, it’s just requesting the signed lease renewal.
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23 January 2025 | 5 replies
Strong rental markets with low vacancy rates are ideal for long-term holds, while areas with high ARV growth are great for flips.
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11 January 2025 | 4 replies
These are top drive-to destinations for much of the Southeast, so short-term rentals here can generate solid cash flow, especially during peak seasons.The area is also seeing steady growth, with more infrastructure and amenities being added to support visitors and new residents.