I've gotten pretty comfortable using the BP calculators for BRRRR deals and traditional buy and holds. But what are some important things to consider when running numbers on STRs? So far, I've been looking at properti...
Hello,First off, this is my first post on BiggerPockets. I used to be a real estate broker back in the early nineties, but I let my license lapse (stupid). I will soon be approaching the big 5-0 so my thoughts have tu...
Hello BP community,
I'm new to investing and also new to BP. My interest in STRs was sparked by reading several posts here and the book "Short Term Rental, Long Term Wealth." I've also listened to a few episodes of t...
The Basics: I've been watching the micro-climate that is San Diego's short-term vacation rental market since I moved there in 2015. I have numerous friends who rent out their primary residence and completely cover the...
So I just bought my first cabin in sevierville, just looking for people to connect with in the same area. Hopefully get some tips and get some advice etc. so please connect and reach out
I am analyzing a possible deal for an 8 room boarding house in South Carolina. Motivated seller (property has become a headache for owner), 5 rooms currently occupied, paint and carpet rehab. Would a boarding house ...
Bought a triplex for $179k in May 2017 with 3 inherited tenants who paid monthly and were pleasant. Mortgage + insurance is $1100. Gross Income has been $2,075.Now I suddenly have two units vacant. Unit C is a one be...
Hi fellow STR investors!I finally purchased my first STR in the smokies in Oct 2023. It's a 3/2, new construction, and I went live just before Thanksgiving. It rented my first day live! Very exciting! So far so good, ...
We are debating between and LTR and STR in orange county CA. I noticed that rents for LTR are pretty high but still will not be enough for positive cash flow. STR looks like an attractive option but I am a novice in t...
Hey Folks,I am curious to know what typical assumptions are made with respect to the occupancy rate for an Airbnb. I've heard and seen some at 50%, others at 70%. As well, what other expenses should be assumed with ...