I'm planning on another STR, but this one has a rather large pool, where many STRs in town have a small plunge pool. In SW Florida our season is typically January-April. A pool heater will definitely make the STR much...
The Friday night before Memorial Day, I got a ping. My Airbnb just got a whole weeks booking! Great…guest paid $8,824 for an 8 day stay. I was grateful! Because it was a late night (8:20 PM) booking, I replied to conf...
I am a brand new real estate investor. I purchased a duplex with a current very good tenant two months ago. I have put nearly $`13,000 in electrical rewiring of both units, painting, new ceiling fans, and a new hot w...
Hello, BP!!!Last month I closed on UG1 (Ugly House 1). I’m extremely excited to have landed my first project! Since I dived into real estate investing this spring, I have been on a non-stop learning roller coaster. ...
I bought a duplex in Colorado Springs last year with a single furnace knowing that it was old and would probably need to be replaced in the next few years.I had a few companies give me quotes on separating the HVAC fo...
Hi everyone,
We are looking at a 4 unit property. It's a great deal, great area, and would be great cash flow, but there has been a smoker in there for 60 years (owner). His unit is very smoke damaged, and 2/3 other...
Hey Nashville,With all of the fuss around the legislation and moratorium on type 2 STR permits has anyone "heard" of anyone getting busted for not have a STR permit? If so, what were the consequences of this bust? Our...
BP community, Earlier last week, I closed on my first investment property, a duplex for 330k (25% down, conventional loan for 30 yr @ 4.875%). One unit is currently unoccupoed, and the other unit has tenants until the...
I am cash out refinancing 4 rentals to buy 4 more rental houses. I have cash on hand to do it, but figured I'd reduce my taxable income and avoid putting fresh money that is not subject to RE capital gains taxes into ...
Smokies Cash Flow ModelWe are looking to buy a 3bedroom in the Smokies and this is the model we came up with. Occupancy rates + Average Daily Rate - taken from Airdna 2019 data + assessing the airbnb/vrbo listings rat...