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Let's not be coy, we overpaid for this lot, but we knew it going in this time...which is a refreshing change for us. We bought this lot as a marginal deal thinking that if all went well we'd be lucky to make $30k and,...
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I found a Tiny Home on 0.5 acres in Hawaiian Paradise Park, On a Big Island. BUT!!! - Structure is not permitted. Should I get invested or that's a red flag? Also, getting a permit for short-term rentals in Hawaii is...
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Hello BP friends. I have a dilemma regarding the best way to move forward regarding some serious lease violations by my tenants.I own a duplex in Buffalo NY, however I live in TX now. I have tenants that have been in...
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I have poured my cash into STR construction projects, and so actually have a loss which nearly equals my income.Using the "STR Loophole", this should enable me to deduct these expenses from my W2 income. However, this...
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Hey guys , I cant figure out how they can be asking the prices on foRclosed properties that need alot of work and updating.I went to look at the following property scenario.
1. property is a forclosure
2. sold in 200...
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If you have a termite inspection and the foundation is concrete but slight termite damage should I be worried?
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What are everybody's thoughts on rehabbing properties with the angle of making them green/eco-friendly properties as a primary selling point? I know that this would mean more expensive rehab costs for materials, but ...
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I recently purchased my first commercial property. 2 weeks ago the tenant reached out regarding a roofleak. We've had some decent monsoon storms and it has backed up roofing companies. I decided to have my handyman pa...
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Has anyone had experience with renting furniture for a short term rental? If so are there any companies that are recommended? I know if a person wants to keep a short term rental long-term for an investment they woul...
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I am often asked this question: "What is my biggest financial risk in buying/owning a short-term rental property?"
Lots of things come immediately to mind: Septic problems, a new roof, HVAC failure, lower-than-proj...