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21 April 2024 | 240 replies
I had to ask questions to get explanations about frequent repairs.
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18 April 2024 | 46 replies
Once you nail down how to play in the same market then you can get creative to find new marketing methods that are unique (or even guerrilla tactics).Start by asking people in your network that you think would likely fit your target audience what they do when they're looking to book a multi-family vacation home.Qualitative research then turns to quantitative, so gather ideas from your wealthy friends then do some try them out and be sure to ask any leads/guests "how did you hear about us?"
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18 April 2024 | 15 replies
Properties rented for less than 15 days a year enjoy simple tax rules, while those rented more frequently face a complex set of tax obligations.
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18 April 2024 | 11 replies
Additionally, a higher occupancy often translates to more frequent disputes among tenants.
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18 April 2024 | 5 replies
Their setup does not ideally support frequent transactions in and out of your account, especially if you're looking to employ the infinite banking strategy.
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17 April 2024 | 16 replies
I also frequently ask other brokers in this space and exchange lenders so we both grow our networks.
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17 April 2024 | 11 replies
I talk to our local Section 8 office frequently as a property manager and in the begin they made it VERY CLEAR that the minimums are to protect the landlord AND the tenant.Most likely, the tenants are not going to have excess cash flow or savings to cover any of the damage to your "upgrades".
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17 April 2024 | 15 replies
How frequently are office meetings held?
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17 April 2024 | 10 replies
Gotcha, do the STR insurance policies cover hurricane and other weather events that frequent the coastal areas?
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16 April 2024 | 1 reply
Future investors might consider this and possibly look into local property management solutions if they're not able to frequently visit the site.Recommendations and Networking: Sharing contacts like Jeff Chisum who have proven helpful in your investment journey is beneficial for the community and helps foster reliable networks of professionals.Lessons Learned: Your insights into the challenges of managing a high-elevation STR during winter are invaluable.