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27 December 2024 | 13 replies
It is not really apples to apples, but generally speaking the more money invested the further ahead you will be eventually in the future, just because your compounding base is higher, regardless of where the money comes from - ie, 4 300k properties are 1.2 million on property, which is double the 600k property.
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23 December 2024 | 9 replies
@Gash Nookala,Renting can indeed be slower in winter, but here are some tips to boost interest:Enhance Listing: Ensure your listing has detailed descriptions and high-quality photos—consider professional photography if needed.Competitive Pricing: Double-check local comps; even a slight price adjustment or incentives (like a reduced deposit) could attract more interest.Broaden Marketing: Beyond Zillow, Hemlane, and MLS, use social media, community boards, and local business connections to reach a wider audience.Flexible Lease Terms: Offering shorter or month-to-month leases might appeal to tenants during this slower season.Local Property Manager: A local pro can tap into their network and help fill the vacancy faster.These steps should help you find a tenant despite the seasonal slowdown.
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20 December 2024 | 10 replies
The bonds example was very helpful and made the concept much easier to grasp.
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20 December 2024 | 10 replies
Another tip: I think if your schedule and time allows it, go and stay at the property for a night or two.
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23 December 2024 | 21 replies
Welcome to the community and be ready for a huge amount of information at your finger tips.
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22 December 2024 | 23 replies
Then they would pass us and leave without further ado.
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2 January 2025 | 30 replies
Further, I’ve had rental property since 2010 and a short term rental since 2016 - not sure where you get your stats from.
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21 December 2024 | 11 replies
Have you worked in this area before, or do you have any tips for someone just getting started?
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28 December 2024 | 16 replies
Any time you "are trying to be nice" or "give them a break", not only do you undermine the legal foundations of your lease, you embolden the unethical tenants to move the boundary further in their favor.
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22 December 2024 | 7 replies
Anyone could suggest any tips, resources, or builders/contractors they had worked with?