Boris Mordkovich
How Much Does It Truly Cost to Furnish a New Airbnb
After furnishing quite a few properties for short-term rentals, we generally have a pretty good sense of how much to budget for furnishing whenever we’re putting together a budget for new properties. Being able to bud...
Sean Anayah
Expensive chimney repair quote
Hi all,
This is my first time posting. I own a small 2 bedroom bungalow near downtown Sacramento that was built in the early 1900's. It is rented out and the rent covers the mortgage. The tenants asked that I call a...
Amar P.
Startup cost for 2 bedroom STR condo
Hey allWanted to get some advice on startup costs and cash flow breakdown for 2-bedroom STR condos in the midwest demographic where most of your cash flow comes in the warm months. Specifically, we are in traverse ci...
Dean R.
Numbers on my BRRRR and a mindset tip
BRRRR and abundance mindset for the win!!!BRRRR and a TIP OF THE DAY : )
RUN YOUR NUMBERS!!!! If the deal works for you, pull the trigger! Take action and celebrate the win!
Abundance mindset vs. scarcity mindset ...
Gaemer Gutierrez
Do your property managers provide vender invoices?
I have worked with different property management companies. Some provide 3rd party invoices and receipts, some don't. Do you ask your property manager to also provide the invoice that they receive from the vender? Min...
Bailey Rentz
What is your must have STR feature?
What is your must have STR feature that you feel makes your STR's perform better? Examples: hot tub, extra bathrooms, game room, certain type of decor etc. Are there any you feel you have seen a direct positive corr...
Joshua Dorkin
Fannie, Freddie may tap U.S. Treasury for $51 bln
http://www.reuters.com/article/ousiv/idUSTRE50P7EG20090126
And they'll ask for more again soon . . . slippery slope, people
Joe Black
How would you renovate this backyard?
Hi all,
I'm a newbie investor on my first house hack. My property is basically a 3 unit with a small backyard this has an ADU in it. I'd really like to hear your feedback on how I could potentially make this a mo...
Mike Eichler
Bought my first rental property at 18 years old
Hey all, Super excited to announce I have just closed on my first rental property deal, at 18 years old. I have worked in property management of short-term rentals (Airbnb), for almost a year now and was finally ready...
Andrew Gingerich
Dear CPA: Furniture for an AirBnB. Can I deduct $$ to furnish?
If I buy furniture and furnishings for an AirBnB before I put the property in service or advertise it on the AirBnB site, can I still deduct the furniture and furnishing in the first year? Or do I have to capitalize t...