Cost Segregation is a great tax planning tool.

It’s proven very effective and just makes good common sense.

I've come to the same conclusion for my properties when it comes to dynamic pricing tools.

@Vanessa LuleEstimating Occupancy Rates: AirDNA is a great tool, but it can sometimes be hard to verify actual occupancy.Hidden Costs in Monthly Expenses: Besides rent, utilities, and cleaning supplies, don’t forget to budget for:- Maintenance and Repairs: Minor wear and tear costs add up, especially in short-term rentals.- Platform Fees: Airbnb and Vrbo charge around 3% per booking.- Furnishings and Decor: High-quality, durable items are worth the initial investment.- Insurance: Short-term rental insurance (beyond renters') can protect you from guest-related risks.- Licensing or Permits: Check if your area requires permits, as some cities have fees for short-term rental operators.Breakeven Analysis: To calculate your breakeven occupancy rate, add all monthly expenses (rent, utilities, cleaning, insurance, etc.).

Hey there, I'm new here and was checking out the "find markets" section. As an army veteran, I was SO shocked to see that city on there. I was just curious if anybody here has any personal feedback on investing in tha...

Research the market, use data analysis tools, build a team with experienced professionals, and practice deal analysis.

It’s a great all-in-one tool!  

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Emergency Maintenance: Regular maintenance is on the owner, emergency repairs might be charged to tenants if they caused the problem.By proactively managing these expenses and clearly communicating responsibilities to tenants, property owners can maintain their properties effectively while minimizing unexpected costs.

I've been told the higher deductible also effectively killed FHA financing.