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12 September 2024 | 23 replies
July 1 to Aug 15 STR revenue will cover the mortgage for the year provided that we spend that time staying with family and/or on a low-ish budget vacation.I'm not suggesting you move to this forgotten corner of the country, but look at a solid vacation rental market.
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11 September 2024 | 2 replies
It did pretty well this summer as far as generating revenue.
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12 September 2024 | 10 replies
(Source: Journal of Accountancy, IRS Publication 925, Section 469 of the Internal Revenue Code)
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10 September 2024 | 10 replies
I noted the year-over-year increase in STR permits, the decrease in average nightly revenue, and the sentiment that economically-incentivized sellers would flood the market after this winter season (effectively increasing housing supply and decreasing prices).
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13 September 2024 | 61 replies
(b) these persons that would have been non-productive are now productive (c) people are getting trained and learning employable skills (d) companies are highly incentivized for GROWTH (e) you've effected stimulus in net housing production but with NO added tax revenue draws because it's via an offsetting factor AND arguably a potential net GAIN via expansion of industry leading to mor employment and more income tax revenues.
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10 September 2024 | 0 replies
We came across a company called Seek Capital because, unlike other companies, they are willing to approve setting us up with lines of credit based on my wife's credit score and do not require a high monthly revenue like other companies.
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15 September 2024 | 22 replies
This is the biggest mistake we have ever made.
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11 September 2024 | 6 replies
Although your reviews won't convey, the buyer can have some peace of mind that with future revenue that the first couple of months mortgage are covered while they make adjustments, build up some reviews and work out any nuances they need to.
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12 September 2024 | 23 replies
The issue is advertising revenue and face time. it’s not in an advertising model benefit to limit in mass posts.
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13 September 2024 | 11 replies
When owning a vacation rental, the biggest financial risks to you are from fire, water, and liability.A solid overnight rental insurance policy will cover you for all of these risks.