Adelaide Ning
STR/MTR in Indianapolis
18 July 2024 | 13 replies
Hi Adelaide,For STR - you are going to get most of your business from all the sports events -- racing - Indy 500, football -Colts, NBA - Pacers, WNBA - Fever (Caitlyn Clark), We just hosted the Olympics swim trials, other events include Big Ten Championships, NCAA tournaments (NCAA headquarters here), and the Combine (recruitment for NFL).We also have a pretty busy convention center -- not huge like Vegas or Orlando, but it is solidly booked year round with events like ComiCon, GenCon, Firefighters Association, Future Farmers of America, Candy Expo, and various others.For MTR, you are looking mostly at traveling nurses and medical personnel, you also may get contract workers for the larger corporations like Lilly, Sales Force, or Rolls Royce.Happy to hop on a call and discuss further.
Phil Eck
On the go health/nutrition for the busy investor/businessman/woman
19 July 2024 | 36 replies
Jon - Krav Maga is great.I still enjoy the martial arts but I have always leaned toward practical self defense aspects versus tournament sparring.I put more value in not being dead on the streets versus point sparring and getting a trophy.
Sireen Shahid
Sell my land in eagle rock resort pa
9 July 2024 | 11 replies
Sireen, I too won a slot and trying to sell it.
Michael Previtera
Cancun 2024 Schedule
6 July 2024 | 3 replies
The full agenda is available within the registration platform, but you can find the agenda at a glance here: https://biggerpockets.getregistered.net/conference-2024/agen...We are also adding a cornhole and beach volleyball tournaments on Sunday starting at 2 PM to provide additional activities for fun and networking for attendees!
Donna Johnson
Knowledge/Experience with Cope Equities in DFW Area?
6 July 2024 | 2 replies
We did not fund the last few million of the raise, so we are allowing the final slots to come in at up to 20% APR, fixed annual simple deferred return (deferred means you get all of your interest earnings at the end when we repay your principal – and that happens when we finish building and then sell the apartment complex).This asset is our safest MF asset, in my opinion, BECAUSE the project is backed not just by our equity in the apartments – but by our equity in the entire 54-acre land development.
Ammar Khan
House-Hacking / Managing Property / REPS?
4 July 2024 | 7 replies
This general log gives an overview of your activities, but it might not be detailed enough for IRS purposes.Example 2: Detailed LogMonday, 7/1/247 AM - 7:30 AM: Monitored security cameras1:30 PM - 2:15 PM: Responded to tenant question regarding parking3:00 PM - 3:30 PM: Monitored security cameras4 PM - 4:15 PM: Checked mail and delivered to tenants, as necessary7 PM - 7:30 PM: Monitored security cameras10:30 PM - 11 PM: Monitored security cameras7 AM - 11 PM: Remained on standby all day for tenant needs/emergenciesThis detailed log breaks down your activities into specific time slots, which can provide a more precise account of how your time was spent.Best Practices for Record-KeepingBe Specific: Break down your activities into smaller time intervals, as shown in the detailed log example.Use a Logbook or App: Consider using a time-tracking app or a dedicated logbook to keep daily records.Document Standby Time: Clearly note the hours you are on standby for emergencies, but also separate it from active tasks.Include All Activities: Document everything from advertising to maintenance and tenant interactions.Consulting with a Tax ProfessionalGiven the complexity of qualifying for REPS, it's always a good idea to consult with a tax professional.
Dennis O'Loughlin
Taxes and Refinancing with BRRR
27 June 2024 | 10 replies
It is common misconception that the limit is 10 conventional loans. so, folks will say will lets do a DSCR loan on this one to save a slot for a conventional loan.
Jonathan Edmund
What To Know Before Buying A Short Term Rental in Myrtle Beach
26 June 2024 | 16 replies
Keep in mind that Myrtle Beach is a big destination for Bike Week (Spring and Fall), Youth sporting tournaments year round, golf and conventioneers.
Bob Asad
Would You Still Buy SFH If It Lost You Money MoM?
27 June 2024 | 26 replies
Gambling is short-term speculative play; that's flipping, that's Vegas slots, sports betting.
Derek Morrison
Do I have to show my property to everyone?
23 June 2024 | 7 replies
@Derek Morrison I list “typical qualifications” in my rental listing then have a specific email response to inquiries that again lists my “typical qualifications,” along with an attached application form, that if they meet those, they can request appt x day for 20-minute time slot, and I only accept applications after meeting them at the appointment.