Hi BP members, We had 2nd floor tenants went on vacation and they turned off their heat for one month, so this Monday the water pipe busted. The water gushed in into the hallway and basement. 30min later, another wat...
Hey,For those of you who operate Airbnb's and other short term rentals or vacation rentals what advice do you wish you would have had earlier when you first got started?I think a few good ones are structuring your bus...
Hey everyone. We currently have 3 long term rentals that have done pretty well for us and for our next purchase, I want to dive into a short term vacation rental. This will be located too far away from me for me to ha...
Anyone have advice on how to calculate the 'numbers' on vacation rentals?I believe it can have a good cash flow even with the added expenses as long as the property is in a area of high rental demand and the property ...
Hey everyone!
My name is Melanie Stephens and I write the “Biggest Mistakes/Lessons Learned” column for BiggerPockets Wealth Magazine.
I am looking for BP Member stories for an upcoming column on Biggest Mistakes ma...
There is a lot of hype around Vacation Rentals. It's true that they can generate higher cash flows compared to long term rentals, but there are many factors that I think people overlook when they haven't done a vacati...
Has anyone had a successful relationship with BongoStays for either furnishing your STR property or management of that property? Since signing a contract with them I am unable to get anyone to answer emails or phone c...
How did this weather affect your properties? Or why does anyone like winter?Besides all the snow that we are getting this year (here in Philly we had 5 snow storms and super low temperatures, 25-year low). I got my fi...
My buddy and I are looking to get into rental arbitrage with Airbnb. I've heard a lot specifically about leasing properties through an LLC and then using it on Airbnb. I know you can do it but unsure how exactly to go...