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6 February 2025 | 9 replies
In terms of material participation for cost seg I'm good there and meet the requirements.
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20 January 2025 | 15 replies
Do you feel like it has enhanced the productivity of your assistants to a magnitude that's worth the cost?
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31 January 2025 | 12 replies
They must satisfy "material participation" test for their STRs to utilize the strategy.
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25 January 2025 | 8 replies
Whether it's optimizing listings on OTAs, leveraging social media, running targeted ads, or using dynamic pricing tools—I'd love to hear what’s working for you.Some strategies I’ve been exploring include: Enhancing property listings with professional experience photography and compelling descriptions, leveraging Instagram and Facebook ads to attract more direct bookings, and utilizing email marketing to engage past guests.What’s been a game-changer for your vacation rental business?
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22 January 2025 | 0 replies
Future enhancements include the planned Silver Line rail alignment with nearby stops, as well as potential commuter bus services, pedestrian paths, and bike lanes.The development benefits from proactive rezoning by the city, transitioning the land from industrial to mixed-use urban development.
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31 January 2025 | 0 replies
Purchase price: $490,000 This is a unique opportunity to participate as a investor in a single family residence valued at $3M and higher.
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31 January 2025 | 7 replies
@Scott Trench - have you considered investing in short term rentals, materially participating, and having the average stay be less than 7 days?
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20 January 2025 | 8 replies
It’s inexpensive to provide but can make a big impact.Comfortable Bedding: Investing in high-quality mattresses, pillows, and linens improves the guest experience and leads to better reviews, which can boost occupancy rates.Smart TV or Streaming Services: Offering Netflix, Hulu, or similar services is a low-cost way to enhance guest entertainment and stay competitive.Fully Stocked Kitchen: A well-equipped kitchen with basic appliances and utensils appeals to families and long-term guests, saving them money on dining out.Dedicated Workspace: If your property caters to remote workers, adding a small desk and ergonomic chair can set your listing apart.Outdoor Spaces: If your property allows, an outdoor seating area, fire pit, or hot tub can significantly increase your nightly rate and attract more bookings.Energy-Efficient Features: Guests appreciate eco-friendly options like LED lighting, smart thermostats, or solar panels, especially in eco-conscious markets.Keyless Entry: A smart lock is a relatively small investment but offers convenience and security, which many guests value.If you’re deciding on amenities to add, it’s always a good idea to research your local market.
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3 February 2025 | 3 replies
Also considering the length of time/ amount of work that needs to go into the property I may have some leverage to enhance the overall deal.I guess my question is what should I do?
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21 January 2025 | 7 replies
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