A lot of areas are cracking down on STR and/or charging fees (taxes) to run one.

Since our properties are not in a vacation destination hotspots, we delisted on VRBO due to lack of bookings.

It's crucial to do your due diligence before investing in any property.If anyone interested in a 50/50 partnership let me know.

Looking for advice on how to maximize tax benefits on an upcoming conversion of my primary home to a long term rental (temporarily).

The best part about it is it's easy to tag your transactions for each property with categories that sync to your Schedule E for taxes, making tax prep super easy.

We are all different due to life experiences, skills we have learned, and our individual strengths and weaknesses.  

One of our tenants had a higher water bill due to the leak that has happened because of water heater failure.

Ended up in a lawsuit with one and had to get the bank to have their attorneys forcibly remove another from a mortgage due to total negligence and abandoning a project.

Price cuts stem from a few things: - Agents/PM's over promising on income- Buyers not doing their own due dilligence- Buyers thinking they can take a place that hasn't changed since 07 and bring in the same amount of income as a new build that had an interior designer come in and make it sweet.That goes for The Palms, Destin, and any other major market.

Assumed purchase price at asking, got the rent roll from the listing agent, currently rented 0% vacancy, and made some assumptions on taxes, owner paid utilities, etc.