My husband and I are purchasing our first investment house, which we plan to rent out immediately. Trying to understand the best route for us just getting into the game....STR vs LTR. We do not live in the city that t...
The 15 Essential Items Every Short Term Rental MUST HAVEWhether you're listing your space on Airbnb, VRBO, Homeaway, or with a professional property manager, you will need a whole bunch of items that guests expect to ...
Hi everyone, first day & new member on forum. Rookie investor looking at leasing a condo for a year (and possibly more) wondering if I furnish it or not before putting on market? thank you
Hey I'm looking for someone with short term rental experience in the Gulf. Mainly in the Panhandle area of Florida and the Gulf Shores area of Alabama. I've done some research and there is still some ambiguity. Wonder...
Hi BP Fam,
I know this question has been asked a lot but I haven't been able to get a clear direction. I'm looking to invest in a STR. I'm trying to analyze the deal but this is where I've hit a road block. I see a l...
Purchase price - $255,000Expected rehab - $80,000Expected ARV - $425,000Actual rehab/carrying costs - $155,000Actual sell price - $525,000Profit - $76,400Time to complete – 7 months to get on market, 9 months to close...
Well, after 3.5 years, we have listed our first property! It was a live-in flip. Our goal was 2 years, and we almost doubled it... We did have a baby in the process, we did 90% of the work ourselves, and we learned as...
I am no longer in the #debtfreecommunity group so I am going to post this PLAN B win here because I know a few journalists interested in a similar path.Short back story: After viscerally acknowledging the challenges o...
Hey all, I did a cost seg study on my short term rental for the 2022 tax year. I'm a financial planner by profession & really wanted to understand the nuances behind this topic more. I love comparing the hype vs r...
My wife and I bought our first rental house. Wow the place was a wreck but the more people I am talking to it seems to be the case when you purchase something off market. My question is the wood floors they are origin...