It's been a while since I posted on this, and I get a lot of questions on it, so here goes:
1. Location matters. Gatlinburg is ground zero. You will pay a premium to be there, but it will probably pay off in the l...
What are your non negotiables when underwriting a potential deal? Obviously positive ROI is an easy one, I am more so asking about your non-negotiables as they relate to the physical structure you are buying. Anything...
I'm considering buying an out of state short term rental and self-manage remotely. I've been reading up on some of the operational hurdles that hosts typically face when doing this, but one topic I've been struggling ...
Hello all! I joined the BP community a few months ago but haven't formally introduced myself. My name is Shola and I currently live and work in Manhattan. I moved here 6 years to enroll in a Master's program in commer...
Hi STR friends! After listening to a lot of different podcasts and discussing this with some friends, we've decided to change our Airbnb (located in Yucca Valley aka Joshua Tree) to pet friendly. We were getting plent...
I'm looking for recommendations for a future STR. Would prefer responses from people with actual, personal experience.Requirements:1. Single-family residence, not a condo or timeshare2. On the beach3. Cash flows.I'm o...
Hello BP community!I'm Jason. I'm in my late 30's, married with a baby. We live in a home with a detached mother-in-law rental. I've enjoyed being a micro-landlord and the rental income has allowed us to live nearly m...
Long story short...
Found a property that used to be a large foster home, currently vacant. Seller is from out of state. The floor plan is perfect for a triplex after a modest remodel. Currently a 10 bed, 4 b...
I want to purchase my first rental investment property however before that I want to purchase my first home that my family can live in. How soon after purchasing a home will a loan company give out another loan to pur...
Hi guys,I just got my taxes done by my accountant and it turns out that I have to pay over 3K for 2014 (yes I was waaayyy behind but finally got my act together and pulled everything into an accounting package). Unfor...