Are you willing to change your current lending criteria?

My wife and I are starting our journey with our first STR and I wanted to ask: Should we use an LLC for our Airbnb, or would an umbrella policy on top of our current insurance policy suffice?

That helps some...but your variable expenses also go up too - property insurance & taxes - so a lot of your rent increases go to offset rising variable expenses.I started at the age of 47 in 2018 and we bought properties fast and furious - 12 the first year, 10 the next, and 9 in 2021 and currently have 38 properties. 

Currently, I self manage using software program that centralizes the majority of information and messaging and pushes to all the platforms that we list the properties on. 

You should only have to change when your current software has a flaw or lacking feature causing you to spend too much work on a work-around.

I wanted to share my situation and get some advice.I currently own an apartment in a highly developing area in Guaynabo, PR.

Anyway, the current auditor set the current rates, and is still at the job..https://www.hamiltoncountyauditor.org/

.: Hi there, my STR in the Hudson Valley, NY is currently insured with Proper.

Today I am a fairly new owner of a quadplex, a duplex and a condo which is currently used as a STR. 

Currently doing 3 renos, having an EDEN inspection today that will pass and closing on two more Friday, again all from OOS.