Hey everyone, are you thinking about going to BPCon in Cancun this year? I locked in the early bird price of $3,536, which includes the hotel and conference tickets for two people. Unfortunately, due to an unforeseen ...

Then if it is only 2 bed instead of 3 you can renegotiate price or back out.

After 25 years in the bed and breakfast industry living amongst my guests I found that setting expectations and ground rules can be a game changer in keeping the harmonious relationship between you and your tenants.

From what we are seeing a 60 to 70k 3 bed probably needs work or might be in a less desirable location. 3 to 4  years ago that price point was easy to find but current prices ( after repair) would exceed that amount.

My brother lives in this subdivision and rents a 2 bed 1 bath for $500 and I have a home on the same street, larger, that I rent for $780 so I know what the rents are.

I had a property (bed and breakfast) that we knew had 1 ghost and we just couldn’t sell it.

His has has 2 bed, 1.5 bath but has an unfinished basement which I’ll be adding 1 more room and 1 more bath.

For a 3 bed/1bath home you can easily get $1,300/mo here in Detroit.

In Florida, short-term rentals (under 6 months) are subject to a 6% state sales tax and a 6% Pinellas County Tourist Development Tax (also known as the "bed tax").

I've agreed not to pay him back for 5 years.I also own a few bed and breakfasts and million dollar STRs.