Jennifer Soelberg
Air BNB Newbie Looking for Advice
If you have ever managed air bnb short term rentals, what are some things you would suggest a newbie look out for? Any ideas for saving on furniture/supplies?
Andy Acosta
Mindset for Airbnb purchase
Hey BP, I have a question in regards to what approach I should take when investing in property intended for short term rentals/Airbnb. So with the nature of short term rentals, being more like a hotel rather than rent...
Lee Gagnon
Furnished Rentals Business Model
Looking to invest in real estate full-time. Of course like many new investors, building momentum takes many years to truly quit a 9-5 and invest exclusively, which is my ultimate goal. I've been toying with the idea...
Jessica DiPonziano
Tax Transaction Category Question
In New Jersey,
I'm using Stessa for my accounting. What categories to things like chair leg floor protectors, "use other door signs", sticky hooks for towels, wall decorations, combo locks for doors, out of these cat...
Chase Helm
Getting Started: Airbnb vs Rental
Howdy everyone! This is my first post. I have been a member for awhile but just now taking the jump into real estate investing.I am trying to avoid falling into analysis paralysis and just wanting to get started. I ...
Shaun R.
Refrigerator in the unit
It is normal to rent a house that would require the tenant to provide their own refrigerator? I'm looking at making an offer on a property that doesn't have one, and I'm trying to determine whether to include the pri...
Susan Johnson
Start-up expenses– tax conundrum
Hi all,I'm a bit lost, and am really hoping that one of you might be able to help. I'm getting ready to file my 2020 taxes (had an extension), and am struggling to figure out how to handle my 2020 rental income, from ...
Dolan Bradley
MTR management commissions?
Any suggestions on MTR commission splits? I've seen 25% a lot how ever with the rent rates varying from insurance rentals, vacation rentals, travel nurses, etc. Do you ever alter what your take-home is? Also any recom...
Jaeseok An
What's your net operating expense ratio?
What is your net operating expense ratio? and how much of the operating cost is paid out to cleaner? So I have this number for example. Revenue $90,000 ($75,000 from nightly fees, $15,000 from cleaning fees)Operating ...
Alexa Ferguson
When Investing in Denver STRs, Don’t Ignore This Important Cost
The short-term rental (STR) strategy can take on a different form depending on the market in which it is executed. If you purchase a STR in an established vacation destination, such as a Florida beach town or the Smok...