Chris Primavera
Considering first time STR investment in Gatlinburg area, looking for advice.
28 December 2024 | 12 replies
And right now the bigger cabins are not a good cash flow play but might be a great equity play when you look back in two to three years.
Saika Maeda
ADU permit or not; financial implications
20 December 2024 | 27 replies
You can only play games for so long.Chances are your next door neighbor is an IRS agent and turns you in when your tenants blocks their drive or some other random event disturbing your IRS neighbor.ADU catches fire and your insurance won't cover you, because it was an illegal and unpermitted structure.The city inspector told the last guy not to build or rent it, and is now pissed and wants to make an example of you and just red tags the whole property and no one can occupy for the next 1-2-3 years while you wait for a hearing.Then when you get the hearing, "staff" recommends you tear the whole structure down, and if you still want an ADU, you can apply for a permit and rebuild it.Your tenant quits paying rent and won't move out and you can't evict them, because there is no valid lease and they're just your "roommate".Probably a dozen other bad things can happen to you when you do stuff like this.
Jason Hanson
Short term rental market analysis
26 December 2024 | 4 replies
So things like, xbox/playstation ping pong for the kids maybe a turf strip to play some putt-putt for the adults etc...
Arthur Crum
RAD Diversified SCAM ALERT!!!
20 January 2025 | 242 replies
The play book as you described is an old one when it comes to marketing themselves nothing different than what the how to trainer do.
Fakaradin Floyd
Advice on my STR pitch and overall Rental Arbitrage advice (Alexandria VA)
30 December 2024 | 89 replies
Final thoughtsSo its been a journey, I am contemplating going full-time in entrepreneurship as this is my second successful business, my end goal in life is to have the option to retire by 35 haha so I want to do everything in my power now for future me.
Jerell Edmonds
Spilt utlities or add another meter ??
1 January 2025 | 12 replies
That said, utilities that aren't directly attributed to a unit can be a pain in the neck because everyone is sure that the other unit(s) are using more power than they are.
Ivan Castanon
I need to change strategies. What should I do?
1 February 2025 | 45 replies
You may just stumble into seller financing if play your cards right.
Anthony Sigala
Is the 1% rule dead in Arizona?
20 January 2025 | 31 replies
The power of rent growth.
David Martoyan
Saving the day with creative deals in any market
24 December 2024 | 6 replies
This plays into the affordability issues for tenants by allowing them to live in nicer neighborhoods for less money, yet I get monthly revenue comparable to short-term rentals.
Gregory Schwartz
"Am I experienced enough to raise outside capital?"
29 January 2025 | 32 replies
This could be an awesome play..