We are doing discovery calls to identify what tools are used by investors to find rental properties to buy, esp in remote locations.

How are banks going to loan money to a new LLC with no history.

Easy way to add some revenue but it is more about getting more guests for the convenience factor.

Welcome to BP, Justin!

Honestly it’s so easy it’s a little boring.  

Dig into every expense, analyze the comps in detail, and stress test it based on high, medium, and low performance using percentiles.

Setting up the right entity (LLC with possible S-Corp election) can help reduce self-employment tax exposure.Long-term rentals reintroduce passive activity rules, but combining them with STRs or qualifying as a real estate professional in the future can unlock additional tax strategies.Regardless of the path, detailed recordkeeping of travel, supplies, contractor payments, and property expenses will be critical to maximize deductions and defend them in an audit.Starting with STRs is a strong move because the tax code gives you more flexibility to use losses and deductions against your active contractor income while you build equity.

Eventually, Class A property values increased to the point that even increasing rents didn't allow them to cashflow upon purchase.So, the flood of new investors switched to buying Class B properties.

The idea that it's a quick and easy way to raise money to invest is simply not true.

The part that I can see being the most beneficial to us, personally, is the "REI Hub" which is the accounting piece that you can opt to pay for as part of your monthly subscription.