Per 2024 IRS trends, STRs averaging 7 days or less can shift income to non-passive if you meet participation rules (100+ hours), offsetting other income, but watch for self-employment tax if you add services.I’m Anja, an STR/MTR host and co-host in North Atlanta (North Fulton, Cobb, Gwinnett, Cherokee, Paulding).

As far as financing goes, I have now a steady income (although a small history), a FICO score over 760 (but never had a loan), and my dad who could co-sign if needed.

Only one problem.. my credit score is very low, and my mother is going through a Chapter 13 bankruptcy which worries me if she ends up attempting to co-sign on my future property.

Be mindful that the nicer areas in AA Co have particular neighbors so follow occupancy rules. 

It can run buy, arbitrage, and co-host scenarios very quickly and easily. 

Additionally, as a co-owner, he would directly benefit from any appreciation, tax deductions, and profits from the property.On the downside, being on the loan could impact his credit score, especially if there are any missed payments or financial issues.

As a former resident of Colorado and real estate agent there during the housing boom over the last 20 year, there are ALWAYS deals.

The Colorado Springs property is a operating Airbnb that has been updated and has been generating an average of $5500-7500 per month.

Quote from @Clive Duncan: I'm not sure if this forum is still active, but I'm looking to chat with a few real estate investors in Ontario who may be interested in raising funds by selling fractional shares of their property.My co-founder and I are doing some market research so we need to talk to some folks to gather more insights before building this out.If this interests you or someone you know, please reach out.

I got a quote from Ackerman today for to install a fairly basic alarm system for $700.

Any suggestions on alarm companies in Atlanta. Or is it best to have contractor wire it. My partner know how to do it an...