Courtney Barnes
Kissimmee/ Davenport Vacation Short Term Rental to Retirement house
7 June 2024 | 14 replies
There is a ridiculous amount of saturation and a "race to the bottom" in rates.
Huiping S.
End the short-term and switch to long-term.
7 June 2024 | 10 replies
Hope AirBNB will not so obviously treat different people different on cancellation, especially race is one fact!
Britt Hennings
Share numbers for first STR (small town, normal SFH)
6 June 2024 | 7 replies
/ $1000Utilities / $300 mo.Supplies / $60 mo.Lawn Mowers / $200 mo.Total monthly cost$1600-1700Target nightly rate starting out: $140Cleaning Fee: $50Avg. occupancy rate for my area: 46% (This could be inaccurate)Projection: $1932 (@ 46% occupancy) + 300 (cleaning fee @ 6 stays) = $2232 - $67 (3% booking fee) Monthly Revenue:$2165NOI: ~$500/moSo if you have a lower-end home in a smaller town here are the numbers I'm interested in:Total Revenue for 2023 and YTDOccupancy RateApprox.
Simon K.
Cars
1 June 2024 | 27 replies
Until about 2 years ago I owned a custom wheel company that built one off wheels for high end/race cars.I currently daily drive a 2005 BMW 745i, trying to decide what to replace it with.
Daniel Schroder
help me pick a tenent (sophie's choice)
30 May 2024 | 1 reply
Not sure if she's ever started a lawn mower or shoveled a sidewalk, and not sure her dad will drive 45 minutes to do so.House really seems better suited to the couple, but have an inkling to single woman might be a bit more chill with maintenance stuff has a history of living in some pretty rugged places.
Eric Justice
Buying property-All Cash
5 June 2024 | 116 replies
That's near 100k and you're out of the rat race right?
Greg Boone
Personal property left in shed after I purchased house
28 May 2024 | 3 replies
I looked at the property (which was vacant) on 10/3 and there is a shed which contained a lawn mower, bicycles and lawn chairs.
Kay March
Delaware Statutory Trust (DST) 1031 Exchange - Costs vs. Capital Gains Taxes
29 May 2024 | 6 replies
Not a bad way to f-off from the RE rat race!
Tom Jensen
Whole Life Insurance as a Foundation for Real Estate Investing
4 June 2024 | 221 replies
There are more methods and the book "Becoming your own Banker" by Nelson Nash is a great start for your financial goals and getting out of the "rat race".