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6 April 2024 | 46 replies
For me below is a short list, but bear in mind that my specific STR investment model is 'vacation house for free'.
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6 April 2024 | 13 replies
You need to tell them you have no experience in this area and will be using their listing as a way to learn.
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6 April 2024 | 11 replies
Hey Steve, I’ve been co-hosting for 26+ listings and find that Airdna is pretty close with its revenue projections.
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4 April 2024 | 4 replies
I’ve cohosted in several markets all as medium term or hybrid (STR/MTR) and here’s what I’ve done: - Made the lease between the owner and the tenant- Owner collects the rent and the cohost charges their fee to the owner monthly- Small maintenance items under $300 were instantly approved per my cohosting agreement but larger items had to be coordinated with the owner because in some markets you have to be a licensed real estate agent or broker to facilitate property improvements on behalf of the owner
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5 April 2024 | 4 replies
I recently pulled and cleaned a list to direct mail that I really liked..
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5 April 2024 | 8 replies
I know that most people who OWN a property and put it on airbnb claim the income on Schedule E ("passive income"), which avoids having to pay the 15.3% self-employment tax.I'm wondering if those who are practicing rental arbitrage by renting the place that they list on airbnb also claim the income on Schedule E, or if you claim it on Schedule C bc you don't own the place that you're listing on airbnb.Whether you own or rent the property that you list on Airbnb, the activities are the same: acquiring the property, furnishing it, activating utilities, listing it on Airbnb, hiring cleaning services, etc, etc.
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3 April 2024 | 4 replies
Google maps is my go to for getting an idea of the property and the neighborhood. usually a couple minutes will display the condition of the area and neighborhood.Also, if you are working with an investor focused realtor usually they can book a showing for you and take videos of the space and any concerning items.
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5 April 2024 | 7 replies
You can either start a small campaign after choosing a tight target area (geographical) and list (demographics).
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5 April 2024 | 1 reply
The current asking price of $440K for the new listing seems it's a bit of a stretch.
5 April 2024 | 0 replies
Court of Appeals for the District of Columbia on Friday overturned a lower-court ruling from 2023 that had quashed the Justice Department’s request for information from N.A.R. about broker commissions and how real estate listings are marketed. https://www.nytimes.com/2024/04/05/realestate/doj-realtors-n...