I don’t have an STR myself but have helped a friend set up and manage a couple last year and it’s not as simple as it used to be. 

Hoping we get the 100% back but reasonable to still get the 40%.also, can an individual/LLC have more than 1 property per year that they can do the bonus depreciation on?

While I agree the rent by the room strategy can be great if you know how to manage it well, from a lending perspective, a lot of 30 year DSCR note buyers won't allow properties with individual room leases, so it could make refinancing more challenging. 

Most reverse exchanges are done with cash from the client or a private loan of some sort from an individual or a portfolio bank.When your old property sells you will have that cash in your account to purchase the new property. 

Tap ‘View Page’ to connect.. whether you’re just starting or scaling up, I’ll make sure you’re talking to the absolute best investor-friendly agent in any market.

So, even as the Fed lowers the Federal Funds rate, and as we see the spread between the 10-year treasury yield and the 30 year mortgage rate shrink, upward pressure on the 10-year from longer-term foundational pressures will see mortgage rates tick up or or at least hold steady.While this is neutral/slightly negative news for home buyers, it is very bad news indeed for our friends in the commercial real estate world, who are really seeing the best case scenario for the 10-year right now.

A legend in my own mind, my friend!

Cabins are a different beast, I have 10 at another campground I built- Broad River Campground located in Mooresboro, NC (Has Cabins/Domes/RV Sites, Tent Sites)Cabins are sexy to talk about for sure, but you are now entering the hotel business my friend.

I went to sign up on the advice of a friend and realized I had signed up 11 years ago and never used the site.

Actually, a friend once mentioned a unit in Eugene that had to be re-leased after a nasty storm tore off part of the roof.. it’s gritty, hands-on stuff like that which rounds out your perspective.At the end of the day, you don’t need a flawless blueprint to get started.