I recently lost my short term rental permit for an Airbnb in Nashville. I wanted to share my experience and the numbers in order to help guide folks that are thinking about starting one.I had quit claimed my property ...
Just bought my first rental property (1 bedroom condo) in the Walnut Creek, California area (SF Bay Area).I bought it all cash so I don't have any holding costs other than HOA, and property taxes.At this point, I'm no...
All-Knowing Ones,My husband and I have our little log cabin in La Grange, TX and we've received six bookings in the last six weeks through all three of our platforms (Airbnb, HomeAway, and Glamping Hub). We're pretty...
So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
So I live in Bend, Oregon and have been doing flipping and rehabbing up here, but getting properties to cashflow up here is really hard. I do have a rental house here that cashflows, along with one in San Antonio t...
Hi BP members!We recently have refinanced to go into real estate investing, as we had a very large amount of equity and wanted to hopefully speed up our path to retirement.After discussing multi-families and placing o...
After hitting my 40s and working as an Executive Assistant for countless years, I've decided I don't want to go to a job anymore, I want to own and manage vacation properties to make my money that way. I understand I...