Hey yall my husband and I are trying to get started in short term/hospitality we are looking in Oklahoma since there are so many people from Texas that daycation there but we have never done anything like that before....
My wife and I are under contract to purchase a property (single family home on tax record) that has a guest house. Both the guest house and the main house are currently rented out by the current owner.
Being a young ...
Hello BP and fellow STR friends! We closed on a VT condo that's part of a ski mountain resort. I have a seasonal renter lined up for December through mid April. The main concern from the renter is Covid19. Specificall...
Hey! We have a property we're just getting started with in Mars Hill near Asheville that we are short-term renting. I want to increase the max amount of nights a guest can book but I'm afraid of running into the iss...
Many REI calculators use 50% for expenses for Rental Property analysis. Should I stick with that when analyzing deals or try to be more accurate by breaking it all down? In other words, is the effort involved worth th...
Thinking of renting a room in my primary residence. Could anybody share some tips/pointers. What extra precautions should be taken before hand?
I'm struggling a bit with the type of investing allowed within my solo 401k plan. My concern is triggering UBTI or having the IRS frown on the nature of my investment.
About a year ago, I purchased an investment sin...
Everyone says LTRs are passive, STRs are work.But why? What exactly makes them more work that can't be automated?Let's assume you self-manage. The most prominent problems that I can think of are:Booking/screeningClean...
I have a duplex in for permit and will begin construction mostly likely in the spring of next year and be completed by next summer/fall so I have a little bit of time to do some proper research. I had originally looke...
Hello Everyone,
I am recently married and my wife and I currently rent a guest home from our family for 1,000 dollars a month all inclusive. We don't pay for the utilities, cable, internet, or alarm system. It's a pr...