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...
Hello BP team, a new house hacker here.
I'm currently under contract for my first-ever primary townhome, which features 3 beds/3 bath. My plan is to rent out two of the rooms to help cover my mortgage payments.
So f...
Hello everyone,I was just wondering what are the places that you guys think its best to buy furniture for a short-term rentals? is it IKEA? or just good old facebook marketplace? let me know what you think.Also wonde...
I purchased my first duplex just over 6 months ago, and my tenant's lease has ended (I started with a 6 month lease for a friend). Now that the tenant is gone and I'm just about to get married! (Yay!) I will have mor...
Hi BPers!
I have an STR we've run for about a year. While it's positive after expenses and has potential for improvement in year two, it’s been a bigger hassle than anticipated and taking attention from other priorit...
I am not sure if this is in the realm of possible/ legal... but I am purchasing a property for $400k (sold the last property for $320k) via 1031 exchange. I have $125k sitting with the intermediary. The property I a...
I've been looking at STRs in the Smokies and was amazed by the fact that most of these properties actually come furnished! For someone strapped for capital, the additional ~$10-20K saved by not having to furnish a pro...
Those that are furnishing STRs, where do you get your furniture? ie mattress/frame, dresser, nightstand, etc... I'm considering IKEA and will have to wait until they open back up.Also on the subject, what about sheets...
Experienced VR owners - I'd love to hear your tips/tricks for furnishing a property in a manner that is cost effective while still appealing to your target guests.We spent way too much (IMO) on furnishing our first VR...
My husband and I are trying to start in real estate investing and buy our first STR. This is a dream of ours (mine but he's all in and supportive). It seems every time we attempt to finally make the leap we get shot d...