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2 April 2024 | 10 replies
My 2 main interests in real estate are flipping and short term vacation rentals.
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2 April 2024 | 2 replies
Best you can get would be 15% down as an investment property or if you can show proper intentions, you could call it a Vacation home which only requires 10% down as long as it is a (SFR - single family).
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3 April 2024 | 15 replies
Conduct thorough market research and financial analysis to ensure there's enough margin for profit after accounting for purchase price, renovation costs, and selling expenses.Types of Investing: In addition to fix and flip, consider other investment strategies such as buy and hold rentals, short-term vacation rentals, or wholesaling.
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2 April 2024 | 3 replies
We turned our rental on way too fast and had to deal with headaches from vacation travelers.
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2 April 2024 | 49 replies
If he persists, tell him to give 30 days notice to vacate and then find a new renter.
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3 April 2024 | 14 replies
As for STR, I am about 20 minutes from the beach and it wouldn't have much attraction IMO as far as marketing it as a vacation or getaway or anything like that, especially because it is only about the size of a studio (its a garage conversion for the bedroom, and then an additional kitchenette area and bathroom behind it).
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1 April 2024 | 6 replies
@Kelsey P.Check with your state, you should be able to find what the requirements are for any changes in the lease.30 day notice to vacate is typical for a 30 day lease.I would write up a new lease, give it to your tenant to review and ask them to sign or vacate at the end of the current lease.I wouldn't want any old leases tied to a new lease with an addendum.
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1 April 2024 | 20 replies
Hello all, I’m looking to expand and open a vacation rental in southwest Utah next year (Washington country, Bryan head, or St.
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2 April 2024 | 58 replies
Although we are looking at some Tiny Homes as Vacation rentals under a different model.
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1 April 2024 | 5 replies
A local credit union also mentioned something called a "savings secured loan" which can be used for anything (even going on vacation), but I don't know if there are tax benefits to that and I don't think I can do that under an LLC.