Margaret Feit
Depreciation of Personal Property Purchased Before Placed in Service
I have a new construction STR that will be completed and placed in service this year. I understand that none of my expenses are deductible until the property is placed in service, and that all construction expenses an...
Jeffrey Schratz
Must haves for Midterm Rentals
I have a few STR's and am venturing out into MTR. Looking for advise, and maybe a punch list of "must haves" for the unit. Thanks in advance!Jeff
Patrick Russell
presentation for the bank on a vacation rental
Morning bigger pockets. I have a question or two about vacation rentals. I have a contract on one but i'm looking for the best way to present it to my banker as a good investment. My question is what is the best route...
John Cornelius
The same-day-turnaround thread
Hey everyone,Let's discuss the pros and cons of the enigmatic, lucrative and tight-rope-esque SAME DAY TURNAROUND.What are your tips, tricks, strategies and stories regarding the practice of renting your STR on the sa...
Mary Ciccarelli
Cost to Furnish an Airbnb
What is the typical range to expect for coststo furnish an entire property for a STR? I know there are factors that play into that like size of the property and how high end you want to make it. But i just wouldn’t ev...
John LaVecchia
Vacation Rental Expenses
I understand traditional rentals require vacancy, maintenance, CapEx, property management, taxes, and insurance. Other than utilities, what other expenses should I be aware of before I buy my first STR. Thank you in a...
Morten Lund Kirkvik
Luxurious Short Term Rental
Hello Fellow BP´ers!I have run my own gym, providing luxurious services for my customers, and for me, it was obviously better to have 10-20 HIGH PAYING clients rather than 100 lower paying. Does this sound true in Rea...
Tom Albares
New VR Owner in Tucson
My wife and I just got our offer accepted on a turn key vacation rental in the Ventana Canyon area of Tucson. 1286 sq ft, 3 bedroom, 2 bath condo. Fully furnished including linens, dishes, pots, etc.
We're going ...
Patrick Maski
Big Bear Lake vs. Big Bear City
I’m looking to buy a STR property up in Big Bear. It’s somewhere we would like to use when not rented out. I’m curious to know if there is a big difference between city vs lake for STR yields. The home prices are pret...
Mark R. Mnich
First Rental Property
Investment Info:
Condo buy & hold investment.
Purchase price: $46,350
Cash invested: $7,500
Currently getting $1,600/month rent
What made you interested in investing in this type of deal...