Douglas Dueno
Depreciate Household Appliances without Receipt
Hi BP community,
I recently bought my first property, which is a condominium (and will be used as a rental property). Seller has replaced old carpeting with new, new vinyl, all interiors with fresh coat of paint as ...
Rachel Murphy
Does anybody rent out a place and then re-read it on Airbnb?
I listened to a webinar recently about a man renting someone's place and then re-renting it on Airbnb and generating income off of that. My question is, has anybody done this? What are your thoughts? Pros and cons of ...
Brandt Fanion
Financing Options for STRs
I'm looking to purchase a vacation rental in the Central Florida area, most likely somewhere within an hour of Disney. I've been working closely with a couple different lenders too finance the property as a second/vac...
Samantha Brett
Miami High-rise Short Term Rental Investment
Investment Info:
Condo other investment in Miami.
Purchase price: $429,000
Cash invested: $100,000
We purchased this condo in Miami (currently under renovation) to be strictly used a short term renta...
Uchenna Okoye
Convert primary residence to rental
I signed a purchase contract over 9 months ago to purchase a new construction single family home. At the time, I hoped to have my mom stay with me. I am single and not married or with kids. The house was delayed in co...
Sundeep Amin
Do you use the same metrics to analyze a vacation rental as you would a regular rental?
Hi Everyone,
I've tried searching through the forums for some info on this, but haven't found anything concrete, so figured I'd ask.
My question is whether you need to bump up normal assumptions, RE mai...
Rhiannon Then
Best way to use my property as a STR
So, I am purchasing a tri-plex, and the ultimate goal is to Airbnb two units. Maybe all three if permissible. I was reading the book, The Story of Airbnb, and I know this may not be possible. Is there a limit everywhe...
Julio Gonzalez
Example of Cost Seg Study on Self Storage Facility
Without a Cost Segregation Study, this $8.2 Million Self Storage in Stuart, Florida purchased in 2021 would have generated first-year depreciation of approximately $210,200. By applying a Cost Segregation Study, the p...
Ikenna Okoye
House hack landlord protection
Hi bigger pockets community,I'm about close on my first home purchase and am doing the house hack method, renting out all rooms except my own. I'm worried about the liabilities that could come with this before I estab...
Jake Wood
Oak Park Live-In Flip
Investment Info:
Single-family residence fix & flip investment in Oak Park.
Purchase price: $140,000
Cash invested: $15,000
Live in flip #2. Learned some good lessons about buying in the path of...