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5 February 2025 | 5 replies
Recently, I became a licensed agent specializing in short-term rentals and multifamilies, particularly in vacation markets and Worcester County.I joined BiggerPockets to share insights, learn from others, and connect with investors who want to scale their portfolios.For those who are active on this platform:-What’s the best way to introduce myself and provide value here?
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7 February 2025 | 1 reply
Unique neighborhood and product within local market.
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26 February 2025 | 4 replies
or get good tenant for around 1200$ on vacant unit (i reduced rent from 1350 to 1200 as not much interest in current market) and hold few more years absorbing repair costs and contractor issues, trees issues, retention wall issues, tough neighbor issues, loud music, tobacco etc. smell issues, dogs barking issues.7.
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26 February 2025 | 7 replies
Most can provide a rental report to see how much properties are renting for in your area and how long properties are staying on the market.
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8 February 2025 | 1 reply
I'd recommend looking at costs. your build cost is going to be well over other homes because of the fixed costs like slab, Hvac, roof, etc. check the market drivers and weight the benefits of short term versus long term. long term is no furniture and help pays mortgage but at this size it doesn't really cover everything. we didn't find a lot of economies of scale in single family detached. can you build more than one unit?
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21 February 2025 | 6 replies
An existing duplex provides immediate rental income and proven market comparables, reducing risk.
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21 February 2025 | 13 replies
It's nice to hear from an investor who is doing the same thing in the same market.
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27 February 2025 | 19 replies
Here is Chatgpt:Yes, you can generally get a tax deduction for donating real property, like a house, to a 501(c)(3) organization, but there are a few important details to consider:Fair Market Value (FMV): For tax purposes, the deduction is based on the fair market value of the property at the time of donation.
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1 February 2025 | 13 replies
There is no one size fits all answer for this question, market to market, and property to property are all different.
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4 February 2025 | 6 replies
I’m brainstorming ideas on how I can market myself to potential mentors in the STR game in order to gain experience.