
14 January 2025 | 9 replies
It’s all about what will draw guests in and make them choose your listing over others.2️⃣ Standout Amenities: Rentals that offer something extra, like a hot tub, game room, or eye-catching design, often attract more bookings and higher rates.

16 January 2025 | 40 replies
Doing so also helps create some level of USP to a sea of growing inventory across platforms like Airbnb.With their introduction to paid advertising it’s going to be interesting to see how their algorithms change from a ratings perspective.

16 January 2025 | 1 reply
Best of luck.

30 December 2024 | 16 replies
While I agree that the purchase is an important part of the process, if you buy based on price and not on the STR aspect of the deal, it could fail.You might get the best damn deal on a property in an area that makes a terrible STR thus it isn't a deal at all.

17 January 2025 | 12 replies
Many of them might be skilled folks but they are not always the best estimator and business person.

8 January 2025 | 9 replies
Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.

14 January 2025 | 6 replies
Memphis is a market where BRRRR is possible, but with rates going up again, it's not a great idea.

23 January 2025 | 15 replies
Also, insurance companies rate homeowner's differently from landlord policies due to the fact that you live there.

10 January 2025 | 13 replies
I wouldn't be surprised if Boston required this type of "remote eco-mitigation." best regards,Chris

6 January 2025 | 11 replies
I got bit a couple years ago and went from a 6% rate to almost 10% rate.