Leon Lee
What is your smoking policy for STRs in Cities
10 November 2024 | 12 replies
My STR has a private backyard so I am able to treat it the same as cigarettes - outside onlyCarolyn,All these properties have backyards, so I’m puzzled as to why weed smoking has become so popular, and why guests don’t even bother to go outside to smoke.
Chris F.
Advice on Structuring Fees as a New Property Manager
11 November 2024 | 9 replies
But right now "junk fees" are popular in the national conversation.
Paul Rumsey
Ocean City, MD STR
7 November 2024 | 2 replies
Ocean City is the most popular beach town and is a 3hr drive from Washington D.C.
Ryan Leake
Navigating STR Loophole Tax Strategy: Success Stories and Cautionary Tales
18 November 2024 | 47 replies
Let's jump right in.The Power of Short-Term Rental Tax Strategy:Short-term rentals offer a unique opportunity to offset your W2 income with real estate losses, thanks to an increasingly popular STR tax loophole.
Phil Wrigley
Guesty / hostaway / hospitable?? Help!
8 November 2024 | 47 replies
.: Popular question and it ultimately comes down to what you're looking to solve for with a PMS.
Annabelle A.
Payment through BITCOIN
8 November 2024 | 17 replies
I use it quite often as well as other cryptocurrencies and they're gaining popularity.
Sharad Bagri
Columbus and Dayton, Ohio—B or C+ Neighborhoods, where are they?
9 November 2024 | 8 replies
.* Southeast Columbus: Dense suburban feel, popular with families and young professionals.* Old North Columbus: Urban-suburban mix, appealing to young professionals.In Dayton:* Patterson Park: Well-maintained with a strong community vibe.* Northridge Estates: Suburban area with various amenities, ideal for renters.* Walnut Hills: Quiet and community-oriented, great for rental stability.Areas to Approach with Caution:* Columbus: Some sections of Hilltop and Linden due to higher crime rates.* Dayton: Certain parts of West Dayton, which face economic challenges.Focusing on due diligence in these neighborhoods can help you identify stable, cash-flowing opportunities.
Gisele Sood
how do I know what is more lucrative: quadruplex versus residential
12 November 2024 | 15 replies
Hi @Gisele Sood, there is a mix of free and paid services that can help you retrieve the data that you seek.To gather data on tenant demographics and property demand, consider these resources:Census Bureau & City Data: Offers insights into local demographics, income levels, and household types.Zillow, Redfin, and Realtor.com Market Insights: Check these platforms for property demand trends, popular property types, and renter data by area.AirDNA & STR Insights: If considering short-term rentals, these provide data on occupancy rates, guest demographics, and property preferences.CoStar & REIS: Paid services that provide detailed market analytics on rental demand, property types, and demographic preferences.These sources can help you understand tenant needs and property demand in your area.
Brian Quo
How bad is it to start off not cash flowing on 1st rental that is new construction?
20 November 2024 | 37 replies
I do a know a few CA investors that buy all OOS (Texas is still a popular place to invest) but the majority of investors I've talked to at meet ups and friends and family still own in CA.
Shaylynn O'Leary
Fix & Flip or Buy& Hold??
13 November 2024 | 23 replies
A popular formula is to analyze the "70% Rule" (70% of ARV minus repairs) for a flip, while focusing on cash-on-cash return for holding.