Isaac Bartels
Looking for more info on building STRs and good STR markets
A goal of mine is to get into buying scenic/secluded pieces of land and building tiny homes on this land to list on Airbnb, VRBO, etc. I'd love to do primary design for these tiny homes or cabins myself (I've got some...
Aaron Taulbee
MegaMillions
So the MegaMillions Lottery is upwards of 1/2 of a Billion Dollars to the winner this Friday.
Thought a brief discussion could be fun:
1. Lump Sum or Annuity?
2. Creative ways to Minimize Taxes on Winnings? (Rich, a...
Brandon Del Boccio
Approved HELOC Rate
Hey all, happy Friday! I was approved for a non term HELOC loan for 100k at 7.5% variable rate. Looking to start my first short term rental in the Saint Augustine/butler beach/crescent beach area. For those of you who...
Cam Lawler
Is kid/family focused room setup with bunk bed more important than space?
Hi everyone,We are buying a 2bd/2ba villa in Pawleys Island. We have another 1bd/ba in that same area and have seen that this is an area favorited by families.The current setup in the new house is a Queen in each bedr...
Mindy Jensen
How do you politely ask your vacationers to leave?
I am traveling this week and next. I was working in a hotel room yesterday (wow, that sounds bad) and checkout was noon. I ended up leaving at 12:06, not a huge deal, but I can see people still in the room at 12:15, 1...
Jarrett Boyes
Hurricane Ian Impact on Future
We are in the process of trying to close on a property in Cape Coral and obviously have been put on pause with the hurricane. What are the thoughts on how the area will be able to bounce back from a tourism standpoi...
Ajay G.
Question about leverage
Hi BP community,
I'm a brand new investor in the process of completing my first purchase of a single family rental. I am leveraging a HELOC on my primary home to fund the 25% down payment for the investment property....
Joe Latson
Complete Guide to Creating a Scope of Work
A Scope of Work (SOW) is a description of planned property renovations, with the primary components being a line item budget and a construction schedule. A detailed SOW is important for nearly every type of value-add ...
James Campbell
HELOC in Rhode Island
Hello everyone,
I'm looking to open a HELOC on my primary residence in Smithfield, RI. Does anyone know any good banks or cu's that offer the lowest rates, highest LTV and $0 initial draw? Im looking online at Pawtuc...
Jason Long
What's a reasonable cost for tax / corporation structure advice?
Hi Everyone - Looking to crowdsource some info on what typical costs are for these types of services... some background info: I'm an aspiring investor and have recently moved into a new primary for my wife and I to li...