Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Michael Harris Buying Multiple STR's as a Newbie
6 March 2022 | 6 replies
I also route buyers away from neighborhoods where I know there is subtle resistance, such as a few pockets in Scottsdale where homeowners have planted "Homes Not Hotels" signs in their yards.Having said that, there is a lot of hoopla around regulations, but when it comes time to make changes, cities have only imposed minor inconveniences, such as registering your rental to ensure you are paying transaction privilege tax and posting the name and number of a local contact who can be on the scene to respond to any noise calls made to police.Whenever there are any campaigns to limit rentals, STR owners show up at the state house to defend their property ownership rights, so regulation attempts have been limited to the kinds of overlays I've mentioned above.No one wants major party houses in their neighborhoods, so choosing your tenant type wisely and setting your STR up in a way that doesn't accommodate huge crowds is a hedge against attracting unwanted attention.As far as price points, while there are a few condo complexes that allow STRS, the majority of STR buyers are purchasing SFR with pools to maximize their revenue.
Forest Rainwater Creative financing advice needed!
7 March 2022 | 3 replies
. $26k per year (even if that is a true net revenue number) is about half of what you should be making on a $440k short term rental.
Adam Blandford Analysis on first investment and advice on second investment
21 March 2022 | 6 replies
Short term rental, the estimated max yearly revenue on the airbnb calculator is $56,289.
Adam Blandford Help with 2nd investment
12 March 2022 | 4 replies
Short term rental, the estimated max yearly revenue on the airbnb calculator is $56,289.
Amanda Thompson Tenant wants to be present during tour
12 July 2022 | 26 replies
Waiting until they move out causes a lot of lost revenue.
Frank DiGiorgio Taxes on Property Selloff
7 March 2022 | 4 replies
I could contribute the full $105k toward my original loan and increase my monthly revenues, or I could pocket and reinvest the $76k ($105 minus the required 10%).
Dan W. Taxes On A New LLC With No Revenue?
8 March 2022 | 3 replies
I haven't sold it, so no revenue is coming, just a bunch of money going from personal to LLC, then out of LLC to the house.
John C. Need last minute funding for March 11th.
10 March 2022 | 2 replies
Lots of experience, 90k a month revenue on our other properties, many of which are free and clear.
Julia Beresfoes Home equity to fund another purchase
20 March 2022 | 17 replies
A cash out is 1% higher in interest rate than the current mortgage so a HELOC might be best and focus on paying it down as quickly as possible with revenue from the rentals.
Brian Wilson DTI - 10% Down Payment Strategy
9 March 2022 | 5 replies
My understanding is that when purchasing a STR property using a 10% second home loan, you can't use potential STR revenue to qualify for the loan.