Dan C.
Cleaning Fee for Slow Season and Short Stays
18 May 2024 | 14 replies
Reduce her pay and you could lose that.3) Does she provide her own cleaning supplies?
Ariana Jones
Interest Rate Hike Decreased My CoC Return, DSCR. Should I Back Out?
18 May 2024 | 12 replies
For example, 200 miles one way (guess) x $0.67 IRS mileage rate x 2 = $268 estimated vehicle cost per round trip, which is per guest stay.I'm using a calculator that factors in management costs (cleaning, hot tub maintenance, CapEX, OTA service fees, supplies, refunds, utilities, landscaping and internet) - it does NOT include marketing/tech tools like Lodgify, Guesty etc. so good flag.
Annwar Matani
Decided to focus on investing in Philadelphia
17 May 2024 | 34 replies
The supply of new units is overwhelming and demand is just not there.
Craig Peck
Time to move to the next level?
17 May 2024 | 13 replies
In the Reno, NV market the single-family is out performing the multifamily because of the short supply and higher prices.
Shannon Green
Asking for IDs for all renters per stay.....good or bad?
17 May 2024 | 17 replies
I believe VRBO does as well, but once the listing is connected to a PMS everything changes and you have to supply your own payment processing and guest verification.
Gary Stern
Cash Flow Positive Properties in Ski Resorts Towns
16 May 2024 | 13 replies
Many of these Colorado resort areas are becoming oversaturated with supply.
Steve Dunford
Finding a bookkeeper Oregon
17 May 2024 | 5 replies
I mean once you talk to them, it's pretty easy to spot if they know what they are talking about.I've work on STRs before and to be honest, it is not the most fun aspect of accounting because the volume of allocating income from all sources (airbnb, vrbo, stripe, direct booking, and so on) to a bunch of random expenses (cleaning, supplies, repairs, advertising, commissions, and all typical real estate expenses).I had to strictly rely on the client's input on what the expenses belong to which property or even units, if the paperwork doesn't say.
Jack Anderson
Questions on depreciation and showing material participation
16 May 2024 | 4 replies
My thought is yes because that was time spent renovating the property to prepare it to be rented. 2) Do hours logged include time spent driving to the property to perform renovations and re-stock supplies?
Frank Barletta
Is Syracuse, NY really a dump?? Maybe not.
16 May 2024 | 8 replies
Consistent search volumes for rental-related queries like "apartments for rent Syracuse NY" match well with the demographic profile, indicating ongoing interest in housing in this area.Supply and Demand DynamicsBuilding Permits: A notable surge in building permits in 2024, particularly for 2-unit and 5+ unit multi-family structures, notably in zip code 13224, signifies both growing demand and increasing supply, potentially influencing market prices.2024Total Units56Units in Single-Family Structures4Units in All Multi-Family Structures52Units in 2-unit Multi-Family Structures32Units in 3- and 4-unit Multi-Family Structures0Units in 5+ Unit Multi-Family Structures20Google Search InsightsSearch Trends: The terms "luxury apartments Syracuse NY" and "new apartments Syracuse NY" show increased interest, particularly with searches peaking for new construction assets.
Hemant Jain
Seeking Advice for First-Time Multifamily Real Estate Investors in Dallas
16 May 2024 | 10 replies
.- Location Focus: for multi-family in DFW, as the supply is low you will need to look what fits the best for you.