Daniel Gugliotti
Mapping out a potential unique opportunity - ideas welcome!
30 May 2024 | 3 replies
Will a bank see the same value that I do and be willing l do a DSCR loan based on LTR and STR on the same property?
Erica Calella
STR in Alabama
31 May 2024 | 9 replies
I am sitting in my STR on Dauphin Island as I am typing this.
Christopher Hall
Should I switch my Nashville long-term rental to short-term?
28 May 2024 | 5 replies
Hi Christopher, I'm a realtor in the area and I thought I'd run some numbers for you just to get a better picture of the risk/reward of a LTR vs STR.Currently netting $250 a month on the LTRIf you rented it as a STR on a nightly basis for $135 with an expected estimated vacancy of 56% (average for the area) that's a gross income of $21,681 less your mortgage $17,400 and less expenses such as water electric and internet of an estimated $4200 puts your annual net at $81.To make the STR profitable for the additional work you'd have to rent it for more than $135 a night and for more nights than the Nashville average of 44% occupancy.
Nathan Frost
Overleveraged Advice Please Help
14 May 2024 | 125 replies
can you not do a STR on the vacant property that you have
Kimberly C.
Vacant 3Bed/1Bath 4-car garage SFH in Canton Ohio - Cashflow Options?
6 May 2024 | 11 replies
LITERALLY before my life blew up and I closed on 2 SFHs for STR on the same day!
Sushree Mohanty
Cashflow even after you hire property manager for STR?
6 May 2024 | 2 replies
However, given my circumstances, I will not be able to manage STR on my own.
Theresa McGallicher
Short Term Rental Tax Question - Schedule C versus Schedule E
5 May 2024 | 17 replies
The new CPA amended our 2022 taxes and filed our STR on Schedule C, so we recieved a refund of $6000.
Anurag Kyal
STR on h1b
30 April 2024 | 4 replies
Hi,I am about to launch a STR and am currently on H1b visa. Its going to be managed by a property manager and thus a passive investment which is allowed per h1b rules.However, I am being needed to procure state and co...
Wesley Myers
Neighbor refusing to move camera pointed at STR pool
1 May 2024 | 56 replies
I believe the OP said earlier in the thread that the neighbor has another STR on his other side too… maybe he’s had trouble with guests and a rotating cast of strangers beside him daily and he wants to ensure the misery is more evenly distributed… I would hate to have a STR on both sides of my house.
Branden Heath
Arbitrage vs STR buy and own
25 April 2024 | 6 replies
Sure, there will be some costs (i.e. monthly rent, furniture, etc) but this may be cheaper than sinking money into buying a property thinking you'll do well in STR ,only to find out that you aren't cash flowing and now you can't sell the property for a profit.What I do recommend is the following:1.