Philip Ganz
How does a Deferred Sales Trust work?
2 January 2025 | 12 replies
The management fee itself is 0.5-2.0% fee which is expensive.I've compared many Deferred Taxes Strategy: 1031 vs 1031 DST/TIC vs Deferred Sales Trust vs M453, the one that is applicable for a regular people is actually only 1031 exchange.
Michael Bertsch
Fireplace
21 December 2024 | 14 replies
Hi, I was wondering if I can get any current advice if it is worth converting a regular fireplace into a gas fireplace.
Garrett Brown
What is your biggest struggle in the STR world right now?
26 January 2025 | 48 replies
It is not the saturation from regular hosts.
Bob Avery
Is SWR the MVP? Blow by blow of a REI newbie reading the STORE -> Best Sellers
20 December 2024 | 0 replies
Up until then I was cheerleading the earlier thought experiments about supporting lean/regular/fat income with ~$1000 / month per paid off SFH, thinking “I could bang that out in 5 years”.
Virginia VanOeveren
As a PML, you should....
19 December 2024 | 9 replies
Ensure compliance with local laws, start with smaller loans to gain experience, monitor your investments regularly, and trust your instincts as you navigate this venture.I myself, as a PML.
Kegan Scholl
Best market to house hack in?
28 December 2024 | 24 replies
Househacking is different from regular REI because you will need to live in the home.
Diana Teng
Should I Buy My First Rental Property Out-of-State If I'm Unable to Scout the Area?
29 January 2025 | 54 replies
There are some vets to the site that also happen to be an agent or PM that are the exception, but it is just an interesting and expected observation.Do what you want, but if you can't go there regularly at first and then periodically after you own it, it's a bad idea.
Leon G.
Getting out of the rental business after 10 years
10 January 2025 | 67 replies
It just shows up on your schedule e like a regular property.Other benefits are: limited liability/asset protection, reasonable minimum investment ($100k usually).Note that these do have risks just like any real estate and they are only available to accredited investors.
Sofia De Santos Tavarez
How do you determine a scope or work and what materials to buy?
26 December 2024 | 13 replies
A property manager can be a great asset for regular check-ins and updates.
Marc Shin
Boardgames and other low cost amenities in STR
28 December 2024 | 19 replies
Just make sure all pieces are accounted for regularly.