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21 November 2024 | 12 replies
I think a lot of people like using the platform since even the primitive sites offer more space and privacy than a 'typical' public campground where you can hear the next guy snoring.
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19 November 2024 | 6 replies
Is it in a Revocable trust or non-revocable?
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18 November 2024 | 47 replies
It works like this:(1) Save up enough money for a down payment(2) Buy a single family home that you will Airbnb/VRBO(3) Ensure the “average period of customer use” is <=7 days(4) Materially participate (5) Cost segregate the property, resulting in large depreciation deductions(6) Use the losses from step 5 to offset your W2 incomeWhat makes this possible is that operating an STR is considered “non-passive.”
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19 November 2024 | 6 replies
Testing and tweaking over time helps us dial into the best strategies for each unique market.It’s helpful to hear what’s working well for others in the space!
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21 November 2024 | 16 replies
If they see that youre generating cash for operations via a non-RE business activity, it could be an issue.
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19 November 2024 | 10 replies
In-unit washer/dryer is always a plus people are willing to pay more for, but even it's just on site and not necessarily in their unit it will perform better than a space with no access to laundry.
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25 November 2024 | 36 replies
Read this article from the FDIC to understand the risks of using a non-bank company.
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18 November 2024 | 35 replies
I provide washers and dryers in second-floor apartments or when the space requires a stacked unit.
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19 November 2024 | 12 replies
A simple non-tech solution.