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27 June 2024 | 1 reply
This approach allowed us to move quickly and efficiently, ensuring the project stayed on track.
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27 June 2024 | 17 replies
Once installed, best to have them on predefined schedules, as they’re only 3x as efficient as gas/oil when they’re working to maintain constant temps versus changing it up/down over time.
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27 June 2024 | 1 reply
However, there are pros and cons to this approach:Pros:Streamlined Operations: Property managers can integrate their systems more efficiently, leading to potentially better management and guest experiences.Experience and Optimization: They might have established profiles with good ratings and reviews, which can help attract more bookings.Cons:Loss of Control: If you stop working with the property manager, you could lose access to the listing and the reviews associated with it.Dependency: Your business becomes more reliant on the property manager, which could be problematic if the relationship sours or if their service quality declines.As an experienced STR manager, you're already familiar with many aspects of managing rentals.
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27 June 2024 | 4 replies
If the intent is to self manage and believe partnering where resources can be shared, that's a different story and have seen it done in ways that added efficiencies that wouldn't exist without pooling portfolios.
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26 June 2024 | 0 replies
This approach allowed us to move quickly and efficiently, ensuring the project stayed on track.
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27 June 2024 | 9 replies
This is a good idea and should be done during due diligence after you have the property under contract.There are some contractors that just work with investors and efficiently get the work done on fixer-uppers or flips in a timely and cost effective way.They may charge you for the estimate which is credited to any work you have done.A general contractor is not a replacement for a quality home inspector and the home inspector may find additional work that needs to be done so good to have them there on the same day if possible.Both results and estimates are useful in retrading or renegotiating after the due diligence.To your success!
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27 June 2024 | 6 replies
They are efficient and many lenders have a cap on maximum cash in hand of $250-500k but others have no limitation.
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25 June 2024 | 14 replies
I have used Batch Dialer, it's user friendly and efficient.
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25 June 2024 | 0 replies
This approach allowed us to move quickly and efficiently, ensuring the project stayed on track.
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25 June 2024 | 2 replies
Would it be more efficient to hire a professional agent instead?