7 June 2024 | 10 replies
The house is 2660 sq ft, 4 bd 3 ba, 2 car garage & pool built in 2006.
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7 June 2024 | 6 replies
--> Crowd Pleasing Standout Outdoor Amenities🏀 Sports Court - Pickleball & Basketball⛳️ Putting Green🔥 Fire Pits🔹 Hot Tub👨👩👧👦 Multiple Seating Areas🏓 Corn Hole & Ping Pong💧 Heated Pool🍔 Built-in Grill🖼️ Outdoor Mural--> Crowd Pleasing Indoor Amenities & Design🔹 Blockbuster Movie Themed Bedrooms & Design Carried Throughout the House🔹 Converted Garage Space Into a Pool Table Game Room🔹 Poker Room🔹 Themed MuralKey Takeaways to Drive Revenue for Your STR🔸Know Your Guest or Avatar and Design for That: Don't be afraid to go all-in on a theme that resonates with your target audience.
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7 June 2024 | 1 reply
Very likely a large buyer pool will include those that want to utilize the property as a primary and capture the rental income to offset of hack.
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6 June 2024 | 8 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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7 June 2024 | 14 replies
Outside of my principal & interest costs, here are my monthly expenses:Electric: averages $300Water: averages $50 (including irrigation water for lawn)Management (includes weekly pool care, trash cans out & in, pest control): $280HOA: $52Property taxes: $400Insurance: $325Lawn care (weekly): $100Florida STR license: $15Niceties (internet, tv services for guests): $100, and this is generous as I include some stuff I pay for from my own house that would cost more if I didn't.
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6 June 2024 | 5 replies
Everything Paige said and a few more.All vehicles must be licensed, tabbed and operableNo water beds, pools, portable heaters, portable dishwashers, portable clothes washers or dryers shall be used on the premises without prior written consent of agent/owner.No dust, sand, dirt, rubbish, coffee grounds, feminine products or other foreign material shall be flushed or washed down toilets,sinks, or wash basins.
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8 June 2024 | 31 replies
There are 3 on the market right now that I like in the $430-$450k range, and 2 of them have access to a community pool.
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5 June 2024 | 3 replies
thx for the ref John.sub market with good secular trends, good cash flow, and attractive tenant pool are some initial reasons for exploring Terre Haute.
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3 June 2024 | 9 replies
@Sunny Sunnyvale 63117, 63130, 63110
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5 June 2024 | 6 replies
If you find an attractive deal, you should be able to pool capital and perhaps negotiate some 'sweat equity'!