![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2831299/small_1697653437-avatar-steveng421.jpg?twic=v1/output=image&v=2)
20 November 2024 | 31 replies
Well, in listening to "Mistakes to avoid when Gator lending (2023)"Ā there are bigger worries to be concerned about than are spoken of in the "gator training".
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2340764/small_1657038925-avatar-ryanl692.jpg?twic=v1/output=image&v=2)
18 November 2024 | 47 replies
Those people overlooking what it means to āmaterially participateāHereās the Material Participation Criteria:Spend more than 500 hours on the short-term rental businessDo substantially everything for the STR businessSpend more than 100 hours on the activity and no one other individual spends more time than you doSignificant participation activity for more than 100 hours, and your combined activity in all significant participation activities exceeds 500 hoursParticipating in the business for five of the 10 previous taxable yearsPersonal service activity (non income-producing) for three of the previous taxable yearsRegular, continuous, provable participation in the business for more than 100 hoursA Cautionary Tale: The Story of JacksonLet's take a moment to learn from the mistakes of others.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2445293/small_1695120373-avatar-kwokw2.jpg?twic=v1/output=image&v=2)
10 November 2024 | 2 replies
Any mistake IĀ made on this analysis?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2961662/small_1709270212-avatar-henryr128.jpg?twic=v1/output=image&v=2)
10 November 2024 | 4 replies
Find out what that VA restoration will really cost youSecond, you are making a rookie mistake, one that the gurus play on to make you spend money for almost always useless sessions.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3142381/small_1731200410-avatar-neilm146.jpg?twic=v1/output=image&v=2)
10 November 2024 | 1 reply
Can anyone give me one advice or one mistake to avoid asĀ I look towards getting started?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1152949/small_1701030194-avatar-stuartu.jpg?twic=v1/output=image&v=2)
21 November 2024 | 39 replies
It is a mistake to think that an entity (corporate) veil can be easily pierced. Ā
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/520560/small_1707075789-avatar-garrettk5.jpg?twic=v1/output=image&v=2)
11 November 2024 | 16 replies
We hypothesized that more people booked from a host with a face and name rather than a company logo, which likely helped with revenue too.Well-Timed Refunds: When mistakes inevitably happened, we limited exposure to bad reviews by issuing generous refunds right before guests checked out.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/899660/small_1697102912-avatar-joeys30.jpg?twic=v1/output=image&v=2)
13 November 2024 | 18 replies
You'll make mistakes but you'll learn so much more than buying turnkey.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2691388/small_1695243248-avatar-joeb884.jpg?twic=v1/output=image&v=2)
13 November 2024 | 13 replies
At this point, I'm just looking for a small assignment fee so I can close my first deal and move on to the next one.I did make the newbie error of getting the deal under contract before finding a cash buyer list, so perhaps that was my big mistake.Ā
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1472976/small_1719636476-avatar-josephr289.jpg?twic=v1/output=image&v=2)
10 November 2024 | 9 replies
Joseph,Bigger Pockets is the best site on the internet to build a newtork and get all the hlep you need to avoid mistakes and save money!Ā