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Good morning fellow BP members-We are looking to purchase our first STR in Florida. Gathering info and numbers and learning so much. For those who have STRs, how did you structure your financing? 20-25% Down payment w...
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I am researching investment strategies and keep getting pulled back to STRs. I know many large tourist towns and cities have/are enacting regulations that may make STRs out of reach for a single investor or company.St...
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I'll start . . . In probably 1 out of every 10-15 listings, I notice that the refrigerator door is facing the wrong way. In other words, the handle is on the wrong side, so that when they open the fridge, the inside o...
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Anyone else get frustrated by those HGTV shows that make it look so easy to flip a home? Flipping a home is a business and like any other - it requires knowledge and planning to actually be successful. I can't tell yo...
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Dear BP investors,I have a duplex in Ohio and I put an 1/1 unit on the market for rent. It has been on the market for more than a month, my PM told me to consider decreasing the rent, but I see competitors in the area...
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We are LTR folks and we recently stayed at an STR in Austin, TX on a getaway. The pictures of the STR were deceptive and the house was dirty (we found dip, a used pregnancy test on the floor by bathroom trashcan, floo...
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Happy Wednesday everyone,I have a question that I've been pondering. After sitting on the sidelines for a long time, my wife and I are finally moving from interested, to serious in our pursuit of a STR. We're likely g...
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I'm wondering whether you landlords have noticed better qualified applicants after you renovate (or if you have a nicer looking dwelling)-- People with higher income, stable jobs, better ability to pay rent. Are the ...
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Hi,Today, I saw there are many listings in Joshua tree, Twentynine palms, yucca valley, etc.I know real-estate market is slow. However if they do good STR business, then there is no reason for them to sell their house...
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I'm very interested in renting out my current primary residence and moving to a different city but the mortgage I have on the property is higher than most of the monthly rents for similar properties in this market. An...