Greg Strunak
Best management platform
26 February 2024 | 8 replies
Definitely get completely optimized on the first couple OTAs and maybe a channel mgr before investing a lot in software.
Daniel M.
Seeking Your Insights: Energy Efficiency & ROI in Historic Duplex Renovation
26 February 2024 | 5 replies
Their insights highlight the necessity for a careful approach to vapor barriers and insulation, emphasizing compatibility with the building's original design and moisture management needs.Here's the plan:Ceilings/Attic Floors: Elevate insulation to R-38 or above, incorporating vapor retarder paint or smart vapor retarders for optimal moisture management.Walls: Boost insulation to R-13 or more, utilizing smart vapor retarders or materials with adjustable permeability.Basements, Crawl Spaces: Increase insulation to R-19, targeting ground moisture and internal humidity control.Materials: Opt for eco-friendly, breathable insulation and vapor barrier materials that preserve the building's historic charm.This meticulous approach elevates the property's energy efficiency and moisture management, enhancing its value and ensuring a profitable return without compromising its architectural integrity.I'd like to hear your thoughts, experiences, or any advice you might have on integrating vapor barriers and insulation in renovating historic properties.
Justin Melton
Str Furniture chairs
26 February 2024 | 17 replies
I do love the options and filters on Wayfair to optimize for assembly (as in none, as much as possible) and the money I save going directly to the source allows me to buy better quality and set up faster.
Kevin S.
What to do with $1,000,000.00?
1 March 2024 | 140 replies
It's way more work and long-term (over 30 years) you're actual return from RE vs stocks won't be much more unless you're constantly selling and optimizing your RE portfolio and giving up your free time and your lifestyle in the process
Dan Durusky
Moving, sell or rent old house?
26 February 2024 | 4 replies
The problems I see are:Rent is a low percentage of the house value, so not optimal use of this equity/capital.Property taxes are high due to the higher house valueMy costs would be a baseline of $2700+800 = $3500 plus maintenance, unoccupancy, etc. so basically breaking even cash flow for 12 yearsIf/when we sell it, we'll owe capital gains tax since we wouldn't have a "new" house to 1031 into.
AJ Wong
Hidden costs & considerations for out of state or STR vacation rental investors
26 February 2024 | 9 replies
My time is invested identifying the areas and properties that are both eligible for a vacation rental permit license and likely to produce investable rental revenue, but beyond negotiating and supporting the transaction, is the facilitation, transition and optimization to an active vacation rental.Here are some key points for out of state investors of nightly vacation rentals to consider that are just as essential to success as the 'right' property:- The RIGHT People Operating an AirBnB or mini hotel is hard work and it takes a tribe.
Michael Primavera
Seeking Guidance/Information on Section 8 Rentals
26 February 2024 | 20 replies
Likely, you will research a bit and maybe start and stop or never get started at all and that is fine maybe even optimal for you I do not know.
Michael Moreno
Questions Regarding my Real Estate Strategy
26 February 2024 | 50 replies
You have to make your own decisions but paying down a mortgage while borrowing to buy furniture is usually not optimal.
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
27 February 2024 | 2053 replies
Several BP commentators suggested that arrangement was not optimal.
David Yamamoto
Divorce - refi primary options
23 February 2024 | 10 replies
You could analyze the interest expense differential if you wanted to geek out but this is mostly going to be a behavioral decision up to you, no right or wrong only what's optimal in your case.