
1 October 2024 | 2 replies
With historical vacancy factored in, that will likely be more like $143,000 rent topline, not including seasonal A/C surcharge revenue, plus about $1,520 in laundry revenue.Expenses: Total operating expenses are running about $59,200, before depreciation or mortgage expense, and not including the offsite property manager role (me doing screening, etc).

28 September 2024 | 8 replies
There are seasoning periods which means you have to wait if you want more cash out if the property because of property improvements, time passed or a combination of the two factors.

1 October 2024 | 37 replies
Unfortunately- there is no silver bullet to your answer, and it really comes down to how much do you want it and how important is it for you?

29 September 2024 | 1 reply
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

29 September 2024 | 2 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

29 September 2024 | 13 replies
I suppose it could be more of a semantic thing, but seasoned RE investors understand it isn't all about the unit #'s, especially when it comes to section 8.

27 September 2024 | 2 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

26 September 2024 | 0 replies
Rates have now decreased from averages in the mid-7's to now upper-5's, yet the market has not seen a "speed up" -- likely due to the seasonal swing, and the upcoming election. 2025 should see strong property value growth, with increased inventory, but also increased buyer activity with rates expected to continue downward.

2 October 2024 | 48 replies
Be sure to do your research by connecting with local hosts in community Facebook groups to find out where most of their bookings are coming from.Listing your property on multiple platforms is a smart move, but make sure these are the sites that travelers to your region actually use.Additionally, consider developing a marketing strategy tailored for snowbirds or mid-term renters during the off-season.

26 September 2024 | 10 replies
I don't know what drawings were generated by the designer, better to bite bullet and have a local licensed architect do it the right way.