Reading another post about people stealing items in STR’s got me thinking about damage or security deposits. Do you use one? If so, does it work? If not, why? How much do you typically “hold”? How do you handle stolen...
Hey BP Community,It seems as if a lot of people really like to hear about short-term rental/ AirBnB stories, so I thought I would share a deal that has been “operational” for four months now…First, I live and work in ...
If I purchase a property and pay for all the rehab with cash, will a bank will require a 6-12 month seasoning period before they will be willing to offer a conventional loan on that property?Or does the seasoning peri...
I own a duplex that we have turned into a triplex. We live in the basement unit. We built this unit from scratch, it was a large finished empty basement. We insulated the ceiling to help with noise but it hasn't don...
Hello all! I'm currently under contract on my very first STR cabin in Sevierville with @averycarl! I'm so excited and nervous. I have been lurking on these forums for a bit, gaining knowledge and finally decided to p...
Hey everyone. We currently have 3 long term rentals that have done pretty well for us and for our next purchase, I want to dive into a short term vacation rental. This will be located too far away from me for me to ha...
Anyone have advice on how to calculate the 'numbers' on vacation rentals?I believe it can have a good cash flow even with the added expenses as long as the property is in a area of high rental demand and the property ...
How are you looking to supplement your income to buy income producing rental properties? 💰🏡Are you a dedicated DoorDash driver after your 9-5? Did you just get your Real Estate License and are filling up your weekends...
I am sure I am going to get a lecture about being "soft-hearted" and not firm enough with my tenants, but hear me out. As I am typing this narrative out, I've realized there's a lot, so here is everything in sequentia...