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17 July 2024 | 12 replies
What I can tell you is that I specifically got these locks because they appeared to have the most third-party app integrations, so I wouldn't be limiting my PMS options if I did move that direction in the future.For now though, I manually update the lock codes for each guest ahead of their arrival, which takes about 90 seconds in total - super quick and easy.
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14 July 2024 | 6 replies
Oregon is also an increasingly popular retirement destination, for primary and second home buyers that don't need to have STR permissions, the options and areas to invest are robust, and there is even high demand for upgraded and updated furnished mid term rentals to help off set operating costs.
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17 July 2024 | 9 replies
Primarily this applies to when one took bonus depreciation on land improvements, or in the case of nonresidential property, qualified improvement property.The one type of depreciation recapture you can defer with an installment sale is "1250 unrecapture" - this is that typical 25% depreciation recapture rate that you think of, which is the depreciation recapture on the straight line building and/or straight line depreciation on something like the previously mentioned land improvements or qualified improvement property.Allocation of the sales price is incredibly important here.
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16 July 2024 | 3 replies
The other option I can think of is to take advantage of credit card offers you receive in the mail that include a few checks with a 0% finance offer for up to a year.
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14 July 2024 | 7 replies
Here are a few popular options for inventory management in the STR industry:Smartbnb: Smartbnb offers tools for automating messages to guests, but also includes inventory tracking features.
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14 July 2024 | 6 replies
Like Terrence mentioned, if it will be your primary residence then you can take advantage of the low downpayment options and better pricing.
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16 July 2024 | 3 replies
I gave them the option to stay at an increased rent amount starting September 1- just shy of 90 days.
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16 July 2024 | 15 replies
With your amount down, I'd say that house hacking or investing in a single-family rental are both solid options.
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15 July 2024 | 6 replies
Just send your RTR rep a message and we'll get you on the right track.This is an excellent loan option that will allow investors to scale quickly and maximize tax benefits!!
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16 July 2024 | 11 replies
Do people who buy notes typically need to get a license from the state first?