Timothy Frazier
Hard Money Loan
17 January 2025 | 15 replies
Usually turnkey operators suck the equity out of a deal and sell at or above market so there goes the equity.
Emily Shin
New in real estate
29 January 2025 | 22 replies
Keep in mind that owning rental properties, even if it is a house hack, means operating a business and thus should be treated as one, respectively.
Vikas Jain
STRSearch Has anyone used them or have feedback? Any other competitors?
22 January 2025 | 5 replies
They only operate in markets where their data can hedge an almost guarantee if you follow their protocol.
Brandon Morgan
is an LLC necessary?
27 January 2025 | 33 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
Megan OConnor
Summer in Ludlow?
22 January 2025 | 7 replies
Just make sure you are saving towards those slow months during the peak months, buy a deal at the right price (don't overpay just because its a turnkey STR or you think it will make more money than projected), and look into ways to increase bookings during those slow months with some marketing and operation tweaks.
Patricia Andriolo-Bull
Stessa - 179 deductions
10 January 2025 | 12 replies
One workaround could be keeping a separate spreadsheet to track your adjusted tax basis accurately and only using Stessa for operational insights.You could also reach out to a cpa and see if they have a specific recommendation for software to use.
John Kirtley
SOUTH CAROLINA or GEORGIA BEACH MARKETS?
22 January 2025 | 8 replies
I recently sold one I had on Seabrook Island because the club/regime/HOA were frequently changing the rules and making it harder to operate smoothly.
Tod DuBois
Typical Occupancy Rate - and how to calculate?
24 January 2025 | 4 replies
Your best bet would be to connect with local operators and ask them.
Kainoa Oneha
BiggerPockets mobile App?
31 January 2025 | 9 replies
A car forum that I'm a part of, and I know the owner of the forum, told me that the dedicated app required constant work and updates as phones and operating systems changed.
Raven Ye Mahar
Nashville STR Required Business Licenses and Taxes
17 January 2025 | 4 replies
Hi, Just bought a unit via LLC in Nashville area, specifically in Berry Hill to operate as STR.