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24 February 2024 | 16 replies
I am sure that you would think that the Turo contract would help with that, but seeing as you are providing it as a service in addition to your STR, I can see issues if there is a problem.Plus you are offering significant services with that rental and that would change your tax situation.
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25 February 2024 | 6 replies
Contact the utility provider and get a historical average based on the last year of use.
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25 February 2024 | 2 replies
2) If two partners were doing a STR deal, and Partner A is the money partner (puts name on loan, and provides down payment) and Partner B is the active manager.
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25 February 2024 | 10 replies
We were reached out to by a migrant housing group member asking if we would house a immigrant member/family/etc. where the nonprofit would provide a 12 month stipend to cover for the "whole" lease.
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25 February 2024 | 6 replies
This will also help determine what type of home you ultimately purchase and provide your beginning foundation.
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25 February 2024 | 13 replies
No I have given only data.So when you add all this up, the first thing you need to do is get a website and make it credible.Polish up your social media accounts, create a professional banner and start creating content that is engaging.You want people to start interacting with you.Then provide value wherever you can (like I am doing on Biggerpockets).
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24 February 2024 | 20 replies
This can provide unique investment niches.Cons:Limited Local Knowledge: It can be challenging to have the same level of familiarity with an out-of-state market.
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26 February 2024 | 7 replies
It's coming b/c it is going to provide liquidity AND lower investment risk (decreasing cap rates and increasing property valuation).
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24 February 2024 | 5 replies
This is partly because a substantial down payment provides an exit strategy, such as selling the property, if financial challenges arise.
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24 February 2024 | 4 replies
It provides a lot of valuable data that I use for projecting income on a specific property.