I have a property listed with a woman, who was the trust beneficiary to her dad's home.

*Most* of the time it is better to start off investing someplace you know intimately than picking cities out of a hat based on statistics you read on a screen. 

I'd say the best approach to buying good is (in order from best deal to worst deal):1: driving for dollars, sending flyers, cold calling leads - basically what wholesalers do.2: reaching out to tax lien lists/foreclosure lists.  

One was picking my brain on how I got such a good deal (the purchase price was on the deed). 

As of today, my bookings for June-August are really light, but the house has done well so far considering the listing only went live in early March.

Hey Steve, I’ve been co-hosting for 26+ listings and find that Airdna is pretty close with its revenue projections.

I recently pulled and cleaned a list to direct mail that I really liked..

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.

You can either start a small campaign after choosing a tight target area (geographical) and list (demographics).

The current asking price of $440K for the new listing seems it's a bit of a stretch.