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7 January 2025 | 5 replies
run the numbers including holding costs and you will see why.
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13 January 2025 | 16 replies
STR insurance provides broader coverage, including liability, property damage (even non-guest-related), and gaps Aircover might not cover.For damages caused by guests, document everything (photos, receipts, estimates) and file a claim through Airbnb.
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9 January 2025 | 17 replies
I would work on my communication of my processes including letting them know asap of their schedule with me.
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9 January 2025 | 46 replies
And $5,000 poorer.Over the course of our relationship, we barely used 10 hours of their time, including the onboarding, the meetings and email communication.
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22 January 2025 | 14 replies
Hey there,Let's say I have $1M worth of stocks including my 401k.
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11 January 2025 | 9 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
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14 January 2025 | 19 replies
Pairing that with relationship-building will help you uncover off-market opportunities and find local experts who can guide you.For meetups, here are a few ideas:Indianapolis Real Estate Investors Association (Indy REIA): They have a mix of virtual and in-person events and are a good starting point for networking with other investors in the Indy market.Louisville Real Estate Investors Group (REIG): A similar organization for the Louisville market, with educational and networking opportunities.Check out BiggerPockets Meetups: Many cities have local meetups organized by investors active on BiggerPockets, and they often include virtual options.Facebook Groups: Look for local investing groups like "Indianapolis Real Estate Investors" or "Louisville REI."
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6 January 2025 | 2 replies
After putting about $50k into the property, I’m just about $25k from meeting my completion goal that includes stucco, drywall, and siding.
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16 January 2025 | 78 replies
The cash flow is only 5k/month (not including cap ex, maintenance and vacancies), but it’s enough to pay for my kids in college.
7 January 2025 | 1 reply
I recognize there are other ways I could invest this cash (including another property) but I am being mindful of levering myself out too much in the current environment where job losses are more common in my industry (tech).