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5 September 2024 | 35 replies
Hi John - We do have one property that will not be profitable or just about break even in 2024 due to all the unforeseen maintenance items: pool heater, roof, pool fence, handy man over a dozen times, remodeling took 3 months instead of 3 weeks, etc.
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3 September 2024 | 5 replies
And given that many syndicators that offer paid mentorship cost in the 10s of thousands, I would just be very clear with each group you talk to on what you are needing versus what they actually offer.From the bits I have seen about a lot of people's mentorships (to be clear I have not gone through any), they cover market selection, basic underwriting, some marketing, basic legal compliance items.
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4 September 2024 | 2 replies
If they are ghosting you, start by taking photos of everything and itemize their bill.
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1 September 2024 | 5 replies
For example, you could offer a special deal like, “Stay two nights in August and receive a s'mores package or tickets to a local restaurant or waterpark.”You might also think about donating a week to a previous guest or a family in need.
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3 September 2024 | 2 replies
When an agent send you a video of a property walk through what are key items you are looking out for?
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5 September 2024 | 19 replies
Over the year, I fixed some items up and raised rents as 3 out of 4 units were under market.
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6 September 2024 | 24 replies
Buying a new, or nearly new property, even when at a 10% premium to the market, typically allows for higher rents to be achieved, provides for warranty transfer on items like appliances, roof, windows, and general construction, and prevents cap ex issues to impact annual ROI for the first 10-20 years.
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2 September 2024 | 24 replies
Who knows, maybe I donated a kidney when I was at it, IDK.....
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3 September 2024 | 3 replies
If I purchase this cabin, I want to do a complete update which would require parting with most of the furniture, so I have a few questions:1.How do new owners remove large and numerous items from a cabin if you are remote?
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3 September 2024 | 10 replies
Of course, your bid will be extremely important, but it would be a challenge to get to the point of executing a bid proposal if we aren't confident in much of the above items.