How much of your rental property cashflow should you live off of? For example, if I cashflow around $30k/month, how much of that should I ACTUALLY be spending on my lifestyle? What percentage should go towards my pers...
So many lenders will not touch a small deal. Could this be a remedy and if not why not?
1. Assume there are 10 investors in the City X who purchased with their own money 10 properties. Each property has ARV significa...
Hello Everyone,
I own a short-term rental (STR) in East Downtown Houston and currently live in Austin, TX. I started operating the property in mid-2023. Initially, the business was cash-flow positive for the first th...
I have a scenerio that I have not experienced before, and doesn't even have any written rules against this in my lease agreement.
I have a single family residence 3/2 in Fort Lauderdale that I rented out to several r...
I have been flipping for 7 years and done 60+ homes but this will be my first Vacation Rental. I am pretty busy between family and work as it is but I am mostly curious about the pros and cons of self managing vs ful...
Does anyone have any experience is vacation rentals? I'm just north of Charlotte, NC and have played with the idea of mountain cabin rentals and ocean front rentals. Good investment/bad investment? Upsides? Struggles?...
The completion of my first rehab is 3 weeks away. I have my rent set but I am still unsure of how much I should charge for a Security Deposit. I have seen different takes on this. First and last months rent. First and...
Has anyone filed taxes yet as a W-2 employee who owns only STR, rents for on average less than 7 days per rental (STR), and materially participates (usually requires 100 hours or more in a year and more than anyone el...
Hello BP! My wife and I are thinking about renting one of the rooms in our house to one of my really good friends (my best friend) in Georgia. But I had a few questions:1) Would that increase my monthly insurance? I w...
I have a triplex property where one of the units is a small one bedroom attached to the main house. I was originally going to lease this unit as a regular rental but instead I'm now thinking of going the www.airbnb.co...