Thor Kellin
New STR Construction - Arizona
I am under contract for a .78 acre parcel in Payson, Arizona. The lot has a water meter and utilities close by - most importantly it’s in a small community that has no restrictions against short term rentals and the c...
Vicki Gleitz
The "Secret Room"
We recently had an offer accepted on a 3/1 in pueblo. Closing is the 28th. The realtor just called and told us that there is an opening in the ceiling in the kitchen pantry and that above it is a secret room in good c...
Tim Mensch
Home Automation
The big topic at this years CES electronic trade show is home automation and how it is becoming more standard and affordable. With the capabilities to control water, heating/air, doors, and even monitor occupancy; do...
Paul Sandhu
Renting out a cave for an STR?
There are some cliffs out where I live and there are some caves there. Nothing too deep, maybe 30 to 50 feet deep. Temperature stays about 65 degrees year round. What do you think about putting in some cots, a prop...
Jay Hinrichs
air bnb str and cost segregation ????
those of you experienced in this asset class. have you used cost seg and how does it work for this type of asset.Other than the normal things you would include in any real estate.. wondering since its a bizz if you c...
Paul Smith
Lowering Utility Costs
I'm in escrow to purchase a 6 unit apartment building in Ohio and I noticed the sewer and water costs were 73% of the total monthly expenses. Is there a way to lower those utility bills? Perhaps I could pay to have a ...
Clay Asplundh
How do you differentiate your short term rentals?
Hello everyone,I launch my first short term rental of (hopefully) many this week. There were a few ways I tried to differentiate my listing, as it seems that's the best way to maximize revenue for a property while sti...
Michael Noto
What "Treasures" Have You Found While Rehabbing Houses?
Some of you might be following the deal diary thread my business partner @Bill Labrecque and I started for our 2-family flip in Southington, Connecticut here on BP.After closing we noticed that in the 2-car detached...
Allyssa McCleery
initial walk through inspection checklist
Hello all,I wanted to create this topic as a separate thread. This is in relation to developing a rough plan for a property during the first walkthrough.What specific areas of a home/building should one be on the look...
Troy Jaster
Bought a lake house...now what?
I’m a real estate agent and just bought a vacation home, our first investment property.
We plan to use it for ourselves as much as possible and may pull some Airbnb action on occasion.
What are some basics that I s...