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Do you recommend having a different credit card for each airbnb property? I'm wondering if things will get complicated to track if I am paying for things to multiple properties in one credit card.
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We all know that it is hard to find a great multi-family deal in today's market. It's better to "make one". We have bought multiple small apartments 10-20 units, that have had upside potential with room to increase ...
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Hello Bigger Pockets Members,Here is the situation: I won an third-party auction bid for a bank foreclosed single family home. My bid was the highestest $425k but did not meet the reserve and so the bank may still c...
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For the property my wife and I bought/took over, I looking to update the automated messages for guest. Currently we have one sent out at the time of bookings with a thank you and parking instructions. Below are some t...
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If my deductions are greater than the income generated from my property, how does that effect my tax liability?
Does it decrease the total amount of taxes owed? Or does my tax liability stay the same?
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I'm just getting into this. Everything I read says that I need to align my strategy and my goals, which makes perfect sense. However, I have yet to come across a comprehensive and clear analysis of how different inves...
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What renovations are your best bet for raising your property to market rate rents?I had an "Aha!" Moment while analyzing Minneapolis multifamilies with below market rents today: "the right renovations will pay for the...
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Hi guys,I just closed on my second property. It’s a split level house with 2 / 1 on each level, both about 900sqft. There’s a separate kitchen and living space on each level, acting as a non-conforming up/down duplex....
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Hosts and investors that are in the short-term rental space:Have you sought out design expertise for your short-term rental property?A well-designed space captures guests attention when scrolling through online listin...
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Hi all!
I’m looking to get started with renting out a house in SW Austin 4b2b fully furnished. My thought was to rent it as a mid term rental on Airbnb and vrbo etc because it’s in a desirable residential neighborhoo...