Mary Peale
Seeking Advice on STR Profitability & Strategic Adjustments for Year 2
15 January 2025 | 15 replies
In that case you will need to analyze the comps, and keep in mind operating two units on one property can bring other costs and operational issues.2.
Trevor McCormick
Advise on Purchasing my first STR in Kissimmee Florida
29 January 2025 | 18 replies
To have a successful STR I HIGHLY recommend listening to this episode of a podcast: https://podcasts.apple.com/us/podcast/on-the-market/id161508...Once you listen to this, and any highly involved STR operator will agree, you will find a lot of the fundamentals are lacking in Kissimmee or you have to have deep pockets to hit those.I won't spoil the episode, but if you listen to it (and anyone out there that does) feel free to DM me afterward and I'd be happy to talk details tailored to your situation on if you're on the right path or maybe I can help.
Tara Jenkins
The Cycling Mermaid
30 January 2025 | 1 reply
Quality furnishings, attention to detail, and seamless operations helped set the property apart, maximizing its earning potential.
Khyree Randall
Wholesaling around a 9-5
29 January 2025 | 5 replies
This is totally contrary to the way most wholesalers can operate.5.
John Kirtley
SOUTH CAROLINA or GEORGIA BEACH MARKETS?
22 January 2025 | 8 replies
I recently sold one I had on Seabrook Island because the club/regime/HOA were frequently changing the rules and making it harder to operate smoothly.
Brandon Morgan
is an LLC necessary?
27 January 2025 | 33 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
Eric Coats
Running STR #s for Newbie
29 January 2025 | 20 replies
Most operators post on multiple STR OTAshttps://www.biggerpockets.com/airbnb-calculatorGood luck
Emily Shin
New in real estate
29 January 2025 | 22 replies
Keep in mind that owning rental properties, even if it is a house hack, means operating a business and thus should be treated as one, respectively.
Tod DuBois
Typical Occupancy Rate - and how to calculate?
24 January 2025 | 4 replies
Your best bet would be to connect with local operators and ask them.
Steven Catudal
Partnership split help
20 January 2025 | 11 replies
You could create an operating agreement granting one of you the powers - but it is a fair amount of energy/time/activity for someone to manage and find deals.