Vikas Raoot
Additional income generation ideas in STRs
Has anyone implemented additional streams of income in short term rental properties that add to your existing source of primary income from them? E.g vending machine (luxury food/drink items etc). Any brainstorming id...
Kyle Jeske
what management software are you using and why?
first post, hi! I'm Kyle. Simple question, was wondering what software (if any) you guys are using to manage your properties? (And tenant relationships) And why are you using? What do you like about it? Hate about it?...
Hannah Joy
Higher cash flow worth higher interest rate?
Working on a 203k loan to renovate detached garage into MIL. Current rate = 2.89, new rate would be 4%. Cash flow will increase once construction is complete. Cherry on top though is this loan will qualify me for a 25...
Arthur Voskanyan
Taxes on AirBnB vs Long-Term
Are there special tax brackets for vacation rentals? For example if you do AirBnB, do you pay higher income taxes for a vacation rental because it’s considered self-employment mini-hotel business? And also, if it’s a ...
Chris Stairs
College Town Rental Questions - How to set the rent?
I am a new investor looking for a little guidance on how to market rents and set up a lease aggreement for a college rental. This is a single-family home in a small college town where my wife and I attended. The hom...
Kyle Kline
First Flip in the books!
Investment Info:
Single-family residence fix & flip investment in Southern Pines.
Purchase price: $155,000
Cash invested: $85,000
Sale price: $335,000
ABOUT THE DEAL: This was the first flip ...
Clint Heiner
Home Improvements question
I am currently living in a home that we own but are looking to move in 3 to 4 years and turn this house into a rental property. That being said, there are a number of improvements we are thing to make to it and I wan...
Mahinda Horapakse
Appraisal question - square footage not accounted for properly?
My appraisal came in significantly lower than I expected (only a 5% increase from the value the property was appraised at 4 years ago, in spite of values generally increasing 40-50%). Looking at the report, the apprai...
Sebastian Mosquera
ADU's in Los Angeles? Thoughts? Experience? Lets hear it!
I am wondering what input everyone had on ADU's. What are the benefits? Complications? How would utilities work for this? I want to hear it all...
Keegan Darby
FHA Streamline Program
Given the low interest rates, we are looking to do a streamline FHA and take our rate from a 3.625% to a 2.75%, saving $108/month.
However, the principal on the loan would increase by $4800. Is this common for the...