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15 December 2024 | 14 replies
To have access to the most DSCR options you will want 6 months seasoning.
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20 December 2024 | 4 replies
It scares me thinking about trying the Airbnb route but this area has two distinct tourist seasons in the summer and winter so it might be worth it for at least some of the units.
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30 December 2024 | 89 replies
I am paying a bit over market rent for the high season but I'm fine with this because of the proof of concept of the Airbnbs that are near me in the neighborhood also it is my first Airbnb Arbitrage property beggers can't be choosers haha.
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23 December 2024 | 24 replies
However, be careful about seasoning periods on the new loans.
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16 December 2024 | 2 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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15 December 2024 | 5 replies
Structuring your lease in this way would benefit you by 1) locking in a longer term contract to avoid turnover costs and vacancy loss; 2) it moves your lease end date out of the winter season and into spring/summer of 2026 so it can be more easily marketed and re-rented to match the seasonal demand cycle; and 3) it avoids any upset/angry tenants who may have been incorrectly assuming their rent was going to stay in the $1,200 range after their first 6-month lease term.Would love to hear any updates you have on how this one shakes out for you though!
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16 December 2024 | 8 replies
Just wanted the opinion of more seasoned investors.
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16 December 2024 | 6 replies
Will be a better question for your CPA in my opinion, they'll have better visibility into what strategy will work best before filing season and EOY.
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11 December 2024 | 2 replies
The typical clients that seek out cost segregation studies include:Real estate companies that buy and sell multiple properties each year.Individuals with a portfolio containing investment properties including apartment buildings, multi-family homes and even single residences.Franchise owners with properties that are similar to one another such as assisted living facilities, storage facilities and golf courses.Business owners of hotels, food facilities, shopping centers, restaurants or manufacturing plants.It depends on the type of property, but generally 15-45% of the building’s costs can be classified into assets with a shorter life.
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2 January 2025 | 30 replies
Hi guys, I posted that hosts should focus on one platform to boost ranking instead of spreading out multiple platforms and I think I owe more explanation since all the seasoned hosts do not agree with me.