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6 February 2025 | 11 replies
Given your situation, a property closer to Nashville might be more advantageous for short-term rentals like Airbnb, as proximity to a popular city typically attracts more guests and higher rental income.
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9 January 2025 | 7 replies
Quote from @Jake Bute: Good Afternoon,I listened to Wheelwright's podcast the other day discussing how short term rentals do not have the same rules as long-term rentals when it comes to some of the tax laws around active/passive investing.
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31 January 2025 | 8 replies
I own a small portfolio that brings enough income for me not to have a w-2 income.
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12 January 2025 | 8 replies
May not be your cup of tea but they are cost efficient and they work to add passive income at a fraction of the cost to build a SFH.There are a few "Tiny Home" builders in Tampa and Manatee doing a ton of business.
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5 February 2025 | 0 replies
Previously I'd always used Stessa, which has a great Net Cash Flow statement view, breaking down the usual income/expenses, but also includes a section for Interest/Principal, and another section for CapEx.
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28 January 2025 | 29 replies
This could help decide if the income is enough.
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16 January 2025 | 40 replies
You can't sell your account.You can only sell SFR properties based on comps not rental income.
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3 February 2025 | 25 replies
That question depends on if you have enough other income to qualify.
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1 February 2025 | 7 replies
I've never heard of a lender that wouldn't count Section 8 payments as income.
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3 February 2025 | 31 replies
It's a tough road though, not at all passive.