Autumn G.
Expectation of 20% CoC for STR and Turnkey: Should I walk?
I’m under contract to buy my first STR, and the house didn’t appraise. The seller has dropped the price to $1500 over appraisal, so at this point we can accept or walk. They’re selling the house fully furnis...
K F.
Curious about people's cash flow numbers on STR's...
If you have purchased an STR in the past couple years (2020, 2021), how much cash flow are you making yearly? We are searching to invest in a short term rental, but the numbers are not high enough for us. We're seeing...
Steve Bracero
Accountability Group- Mass/ Rhode Island
Hi BP,I am looking to create an accountability group/Partners so we can stay on track with our goals. I am looking to close my first deal (multi family buy and hold)- I don't want soon to be investors to be burnt out ...
Mitchell Jaworski
Why all the hate on 8 - percent that is.
Hello fellow BPers. I've noticed alot of posts where people don't consider an 8% return to be worth a deal or feel it is taking on too much risk for an 8% return. Whether it's investing in a turnkey property or a r...
Erica France
Holiday gift ideas for tenants
For those of you who practice holiday gift-giving to tenants, what ideas do you have for a gift? To start:Gift card to a neighborhood restaurant or coffee shopA book (about what?)Gift card to an airline (e.g. my tenan...
Mackal Smith
Airbnb?
Has anyone used one of your properties for airbnb (and if so what was your experience)? I'm interested because I have had a primary residence on the market for 6 months with no offers. (I know... but it's in the 500K ...
Boris Mordkovich
How Much Does It Truly Cost to Furnish a New Airbnb
After furnishing quite a few properties for short-term rentals, we generally have a pretty good sense of how much to budget for furnishing whenever we’re putting together a budget for new properties. Being able to bud...
Todd Powell
How I Created an Additional $7,000/Mo. Cash Flow in 4 Years!
Writing this to encourage, not brag! In 2001, I started flipping and did maybe 25 or so. It was tiresome, while also coaching two basketball teams, and maintaining my sales manager W2 position! I switched jobs in the ...
James Carlson
Hot take: Personal booking websites for your STR are overrated
Headline says it: The recent emphasis on creating direct-booking sites for your STRs and MTRs is overrated. Prove me wrong.Work/money not offset by savingsThe amount of work -- and money -- to build a site and do prop...
Jack Jiang
Bay Area new investor
Hi all, I am Jack, a super rookie investor based in the Bay area. My partner and I earned fairly ok on W2s, and we have just started buying real estate since 2021 - bought our primary home (3B TH) in Mountain View in ...