![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/884643/small_1699943629-avatar-jamesw310.jpg?twic=v1/output=image&v=2)
9 October 2024 | 28 replies
If they stay more than five days, I recommend treating it somewhere during their stay.There are a lot of guides on youtube or Google specific to short-term rentals.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2230258/small_1694496116-avatar-brucet50.jpg?twic=v1/output=image&v=2)
11 October 2024 | 7 replies
Check out Erin Spradlin on YouTube
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1341727/small_1695215679-avatar-artw8.jpg?twic=v1/output=image&v=2)
11 October 2024 | 2 replies
You can influence your investment's performance through property improvements, rent adjustments, and savvy management... something you can't quite do with an annuity tied to obscure indexes.An Individual Retirement Account (IRA), particularly a Self-Directed IRA, can be used to invest in real estate and employ leverage to potentially enhance returns.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3125009/small_1728611590-avatar-yaumari.jpg?twic=v1/output=image&v=2)
11 October 2024 | 8 replies
I’ve been in the market for two years now, and while the learning curve has been steep, especially in the NJ market, I’m committed to growing and improving every day.I primarily worked with buyers, many of whom were family and friends.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2864283/small_1698431378-avatar-steved357.jpg?twic=v1/output=image&v=2)
10 October 2024 | 11 replies
If there is no problem then the HELOC will provide more flexibility since the cash out re-fi may yield more proceeds after improvements when applying the 70 or 80% LTV limit whereas you might get improvement proceeds from an investment loan but you won't want to because there will be a lot of red tape, inspections, draws, lien waiver compliance and a lot of other crap they load onto improvement loans on investment property.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3128322/small_1727821403-avatar-tual1.jpg?twic=v1/output=image&v=2)
11 October 2024 | 4 replies
There's a price/rent lag because leases are typically for a year so there's the delayed effect of old leases playing out before upward pressure on rents does it's thing.With that said, there's also your ability to refinance out of that rate and improve the rentability of it that way.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2010381/small_1621517468-avatar-ashleyh230.jpg?twic=v1/output=image&v=2)
17 October 2024 | 47 replies
I am excited to hear of their improvement and hope it will work for me.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3132010/small_1728448589-avatar-taylork134.jpg?twic=v1/output=image&v=2)
14 October 2024 | 22 replies
Having the right team is 100% your best strategy to win in Real Estate, especially with a Renovation Loan that allows you to purchase a home as-is and make all repairs/improvements post closing with budget (money) in the bank, ready to go the day after closing.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3119902/small_1726512403-avatar-recostseg.jpg?twic=v1/output=image&v=2)
9 October 2024 | 1 reply
Here are a few definitions that you absolutely must know.Bookmark this thread and use it as your cheat sheet for 2024.Okay, let’s dive in:Here are the terms that I’ll define in this thread:-DEPRECIATION-BONUS DEPRECIATION-COST SEGREGATION -BASIS-LAND VALUE-IMPROVEMENT VALUE-3115-RECAPTUREDEPRECIATION:Depreciation is the decrease in $$ value of your asset over time due to wear & tear, etc.Standard depreciation is deducted evenly over 27.5 years for residential and 39 years for commercial.Even w/o cost segregation you get to deduct depreciation each year.BONUS DEPRECIATION:This is an accelerated depreciation method.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/367407/small_1625620385-avatar-amandap5.jpg?twic=v1/output=image&v=2)
8 October 2024 | 23 replies
I have watched some Youtubes and most operators say 3-4 bedrooms and 2 baths are ideal.