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8 April 2024 | 6 replies
If you are spending a lot of personal time there, I would speak with a CPA about whether or not to continue to list it as a depreciable investment asset on your tax returns.
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7 April 2024 | 34 replies
I reported the listing as fraudulent to Zillow, and they quickly removed it.
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6 April 2024 | 19 replies
Some people treat their STR like a hobby and others treat it like a business.You don’t know the numbers are based on if owners use it 3 months a year themselves, or manage it themselves and have STR knowledge or farm it out to a competent or incompetent property manager.In one area I invest in, the biggest players are all large direct booking sites with hundreds of properties so their revenue doesn’t show up on airDNA, etc.Use conservative numbers and understand your skills in terms of getting a property to be unique, marketing, listing management, etc. or the competency of the PMs you are interviewing.Good luck!
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7 April 2024 | 2 replies
@Katelyn Vittitow We tend to keep sending the same thing to the same list for 6months or until we refresh the list.
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8 April 2024 | 29 replies
The seller's disclosure here is usually uploaded to the MLS and available to any realtor while the listing is active.
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8 April 2024 | 2 replies
So I cannot be up in the game 24/7 like I'd like to be, but I spend a healthy amount of time keeping up with listings and the market.
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5 April 2024 | 2 replies
I just got my first rental property and finished the rehab (yaay) and am about to list it.
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7 April 2024 | 5 replies
Their software does NOT look at your individual house but they price it by the subdivision/street and adjust for various items, like square footage, permitted improvements ect.
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8 April 2024 | 4 replies
He listed it for 1.2M two years ago and it didn't sell, so he's been renting it out.I'm looking for some advice on questions to ask him when the agreement is presented and your advice is appreciated.
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8 April 2024 | 7 replies
Hi Daniel, here is the sample one provided by Brandon from BP:https://www.biggerpockets.com/files/user/brandonat...There are some other sample applications listed under Tools--FilePlace in the Forms section.