I am considering purchasing in the florida keys for the purposes of weekly/monthly rentals. The numbers seem great so far despite some pretty high prices for keys property. If anyone has any experience and is wiling...
Hi guys,
Been lurking here for quite awhile and I thought it was time to tap the collective BP wisdom. I'm currently trying to find a method/platform of accounting for my 5 rental units. I've been using Quicken, bu...
Hello BP,
We are in the middle of negotiation with a potential tenant for a 2350 SF at our shopping center. We are getting very close to having the LOI signed and moving into lease drafting. Yesterday we received t...
I have 3 rental properties and trying to figure out which one I should pay off first. I want to accelerate the pay off and put any extra amount all towards one. Trying to figure out which makes the most sense. Can...
I am curious to see what other landlords track every month. They say what you measure get results.Our business aggressively tracks the following things:1. Portfolios Pro Forma Rent - our main goal is to increase our ...
Hi,I have a condo/hotel in Miami Beach which i will be self managing nightly from June 1st.What reservation system/Channel manager would you recommend?How much would you consider acceptable as a percentage of revenue ...
I am looking to do my first BRRRR that I do not live in as a primary residence. I have successfully rehabbed two homes and provided over 120k in equity from them. My idea is to form an LLC with my partner to qualify f...
Hi everyone,
AirDNA is projecting $113k projected revenue, 84% occupancy, and a daily rate of $370. HOA $1120 a mo.
OPEX $31k, NOI $82k, CAP rate 25%.
I currently own & operate two STR‘S in SoCal USA, both fe...
I'm structuring a new syndication and two CPAs disagree. One thinks that General Partners can't take depreciation on their carried interest (until all Limited Partner capital accounts go negative), only on actual cash...
There are a lot of negative headlines on the collapse of STRs. Especially the impact of vacationing if we head into a recession, as people have less discretionary income to spend on travel and travel-related expenses...