Ella Marie
New and ready to learn hands on
26 January 2025 | 7 replies
The BRRRR strategy, which stands for Buy, Rehab, Rent, Refinance, Repeat, focuses on long-term investment, while the Fix & Flip approach involves purchasing, renovating, and selling properties for a profit.Investing in Airbnb rentals presents a distinct set of challenges, requiring active management and a thorough understanding of local regulations, but it also has the potential for higher returns.Here is a concise overview of the advantages and disadvantages of each method:Fix & Flip:Pros.- Potential for quick profits - Enhances property value - - Adaptable to market trendsCons.- High risk - Time-intensive - Requires substantial capitalBRRRR:Pros.- Builds long-term wealth - Generates rental income - Increases equityCons.- Complex process - Requires financing - Dependent on market conditionsAirbnb:Pros.- Potential for higher returns - Flexible pricing - Short-term commitmentCons.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.
Abby Biter
My Short Term Rental Barely Profitable
8 January 2025 | 11 replies
These things make your listing stand out. 5.
Jeanette Land
Laundromat Investing in WI
22 January 2025 | 1 reply
You will have a leg up on the competition where it's a stand-alone.
Scott Scoville
Buy & Hold Historic Duplex in Sacramento
4 January 2025 | 16 replies
No active projects yet, but I’m gearing up to dive into multifamily properties, ideally 16+ units, with a focus on creative financing and NOI optimization.
Nicole Shirley
Looking for Advise in College Station/Bryan
17 January 2025 | 3 replies
I believe it's a great and thriving community with unique aspects that make it stand out from other markets in Texas.
Raquel Wilson
New to Real Estate – Focused on BRRRR & Rentals for International Investors
4 January 2025 | 5 replies
Currently I am working on 2 single family homes, with the help of my realtor and mentor, Gloria N Gear.
Justin Silverio
BiggerPockets + Invelo - Here's what you get
9 January 2025 | 43 replies
@Robert Washington We don't have any specific features geared towards military personnel, but I would be happy to set up a meeting with you to help you get the most out of the platform.
Mike Beer
Has anyone tried the RaiseMasters program by Hunter Thompson
14 January 2025 | 39 replies
Quote from @Anthony Stephenson: Is Raisemasters more for rehabbers wanting more/cheaper access to money OR is is geared more towards those wanting to build a lending business?
Garrett Brown
What is your biggest struggle in the STR world right now?
26 January 2025 | 48 replies
I think we have enough software in the STR world lolWhat if we made a guide to increase occupancy rates that centers around marketing, guest experience, and ways to stand out in saturated markets that isn't simply "buy more amenities"?
Sejin Kim
Buying a condo with special assessment
9 January 2025 | 4 replies
Ideally, you want something in writing, but that is probably unlikely since no one will want to stand behind a not-yet-final number.