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27 May 2024 | 0 replies
Hello, can you deduct travelwhen looking into foreign markets for possible purchase of a short-term rental?
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28 May 2024 | 10 replies
For example, "hey wife, we just bought this property, let this be the travel fund.
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28 May 2024 | 4 replies
In the house that I hope to rent out to mid-term travelers there is a treadmill and I am thinking whether to keep it there.
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29 May 2024 | 3 replies
I even turned off the hot water tank to save money (until my then-girlfriend, now wife, convinced me to turn it back on)—all to use these savings as my launching pad of capital to get into buying income-producing real estate and starting a business.Fast forward to today, the foundational skills and inspiring stories I absorbed from the BP podcast have given me the confidence to take action and believe in myself, significantly advancing my investment career.
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28 May 2024 | 4 replies
You could start with targeting travel nurses and other traveling professionals while you try to work your way into the film crowd.
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30 May 2024 | 17 replies
I think when you hire a PM you have 3 choices 1) A very small local provider (<15 units) and they tend to me 1-2 person operations, they are the one unclogging toilets, answering guests, etc and it is tough to do everything, so things lack. 2) A large/nationwide provider where you are only a number and they usually lack local resources 3) A mid size local provider who have resources and you are not just a number.Through effective revenue management with a revenue manager, and being listed on 15+ sites including Marriott Homes & Villas, JetBlue and Allegiant Airlines, Hyatt and Amex Travel (coming soon) we are bringing in more revenue than most can self managing, offsetting our fee.One of the top questions I tell people to ask their manager is the fees, who keeps them?
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30 May 2024 | 38 replies
Reading your post make me more confident in staying away from STR at the momeent.
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29 May 2024 | 21 replies
Plans to were announced last month to invest $2B into the cities airport in anticipation of the population/business travel growth.
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29 May 2024 | 20 replies
It helps you find reliable property management partnerships and gives you everything you need to make confident hiring decisions, like:Expert Matching: Match with professionals who meet your criteriaExtra Assurance: Licenses, experience, ratings, reviews, and more that can be cross-checked with BiggerPockets membersBonus Content: Receive an essential interactive workbook: “How to Interview Property Management Companies”
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4 June 2024 | 221 replies
I'd feel more confident looking at someone's existing Real Estate portfolio, examine their values, cost basis, rent rolls, occupancy rates, history of cash-flows, and taxable dynamic, to properly assess return potential.