Hey everyone. There has been a few posts about lending on STRs. Some have said that a working Short Term Rental is worth more than a similar comp in the same area based on that revenue.
I have said for years, along w...
I'm looking for some help with getting started using wave accounting. I only have one rental property. I acquired it 2 weeks ago and repairs are being made now. I will be filing using 1040 section E. I use 2 accou...
I have sold vacation rental management services for the last two years. I’ve self-managed my own STR as well.Here is the million dollar question: In an industry this is as similar as it is, across the board, what is s...
so i have 50k....1 airbnb home that needs renovation to make more money....3 other rental properties..1 is paid off the others has mortgages...I want to refinance one property in order to purchase a multifamily home i...
Hello BiggerPockets Community,Thanks for your kindness to Newbies like me. I'm brand new to investment properties. Looking at several MF units in our area (MA). I'm wondering about buying with existing tenants. What k...
hey guys anouther question. I have 2 of our rentals free and clear I was wondering if it's a good idea to use that equity that we have in those houses to make the down payment for mfh looking into possibly buying our ...
I would love to hear from others how their short term rental management commissions are set up. The manager for my short term rental charges 30% of gross revenue. However, they include municipal taxes and fees as part...
For long term rentals its the 1% rule (for me anyway).I've read that a good metric for STRs is whether a monthly mortgage payment equals a weeks worth of revenue.Which financial metric do you use to filter your list o...
A lot of people have been talking about this new limit, without much perspective on the issue. The issue is that the GSE's, Fannie/Freddie are going to limit the number of 2nd homes and investor loans that get rolled ...
Ok this may or may not be long, so if it turns out to be, please bear with me :mrgreen:
I currently own a 3 unit building that I plan on converting into a 4 unit later this year (the garage will go and I will build ...