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Hello! I'm about to close on my first MTR and I'm wondering - should I buy everything I'd buy for a STR? Do I need to get them all the small stuff for the kitchen? (colander, ice trays, tea kettle, dish towels, knife ...
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I recently put my rental property up for rent and without much thought added a bunch of amenities that are good for short term rentals (coffee, shampoo, conditioner, body wash, 2x towels, 2x sheets, laundry detergent,...
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Hello everyone! My wife and I are considering making our LTR into an STR. I know with as many STR that are going up, I know one of the biggest things to do is to make sure your property stands out in the crowd. To hel...
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Been doing this for several years, but I signed contracts on two new houses this week that represent three firsts for me.House 1 - tenant-occupied 4/2/2. My first purchase from a wholesaler, and my first purchase of a...
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Hello BP,
After investing for a year and a half, I find myself in a strange dilemma.
I've become so focused on cash-flow that I refuse spending any money on myself. I make extreme sacrifices on a personal level to ...
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First some background.My dad invests in properties, but does not like to carry loans on them. He currently owns 10 properties out right in Nevada, including his own home. As rent comes in, he keeps it invested in bond...
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Hey all! My company currently manages LTR's throughout the Denver metro area. In the last few months we have received several requests to work in the MTR market and want to vet it out. Looking for some advice on the f...
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I’m consistently asked if I am a “private” landlord, or whether or not I own the property. While I never volunteer the information, I don’t lie when asked. Why is it important to tenants to know if I own the place or ...
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Hey everyone!
My name is Melanie Stephens and I write the “Biggest Mistakes/Lessons Learned” column for BiggerPockets Wealth Magazine.
I am looking for BP Member stories for an upcoming column on Biggest Mistakes ma...