What have been your hardest lessons learned in short term rentals? I'd be curious to hear the experiences that others have had. I'd say my hardest lesson learned is overestimating how quickly a new property will reach...
This is from a chapter in the book, [removed] Thought some of you might find it of some value:
Creating value can be as simple as buying a property that’s in great condition and in a great location in a rebounding...
Hello BP,My Question: Which cities are prime for cash flowing 1-4 unit properties and what metrics specifically do you use and from what site? Census Bureau? REIT reports? etc. Anyways, I'm working on selecting 2 cit...
I recently moved from Panama City, Fl. to San Diego, Ca. The real estate dynamic is completely different in Southern California so I am forcing myself to learn market research across the country. I am interested in ...
I've been searching for a rental home for a while now. Finally found one that fit all the criteria via Westside Rentals (I'm in SoCal). There were 2 numbers listed as contacts, for "Rob" or "Katy." Rob did not answer;...
There seems to be a glut of STRs in every major market, yet there are RE agents out there telling people that there is demand.There may be demand, but if the owner cannot book their place to cover the costs, how can R...
If you could only pick one type of location to invest in STR's for the rest of your investing career, which type of location would it be? Near the mountains(Like Gatlinburg), near the beach(Like Destin), or in a city(...
I have 2 rentals (they are townhouses right next to each other) for 2 years now, I have been doing air BNB out of them and the return is great and I was able to make this my full time job by doing the cleaning on my o...
A bit of a rant here ... I've been in these forums for seven years and have followed the Airbnb laws in Colorado the entire time. I've always been able to find my STR clients investments that are legal and whose numbe...
If you saw the news this morning JOBs report is not as good as anticipated.I dont know about other parts of the country but when I went to a Panda Express to buy MIss Lori some lunch big poster for hiring15.50 an hour...