It will give you the time to adjust your pricing strategy during different seasons and give you time to gather reviews which impacts your booking rates. 

But using a HELOC is a risk because a) the liability is against your primary residence and b) current interest rates on HELOCs, which typically adjust after the initial term, are anywhere from 8-12%.

It's entirely possible to manage you cleaners via text or whatsapp, only list on airbnb or list on just a couple channels and manually make sure you don't have double bookings, manage your pricing manually, etc.

We just adjust our rents accordingly based on average cost of the water.

This can mean some improvements, new and more resilient tenants, or just some attitude adjustments.

This includes a 4.2% increase in rent costs and a 2.5% increase in homeowner's equivalent rent.New Residential Construction Data: Housing starts increased by 3.6% in May 2024, reaching a seasonally adjusted annual rate of 1.72 million units.

I adjust this number to something I consider realistic and add anticipated capital expenditures and costs of replacing major systems divided by 15 or 20 years to arrive at an annualized expense.  

The new contracts are not release yet but here is how it is going to work:* Buyer's are required to sign a agreement with their agent that sets a commission amount* Seller's will sign a listing agreement only for the listing agent's commission* Offers to purchase will include a buyer's agent commission amount* Offers will be presented as net to the seller* Buyer's may have to cover the difference between their contract commission amount with their agent and what the seller is willing to pay.One important thing to note is when we run comps on the MLS both commissions were always included, so that needs to be adjusted if a seller is not willing to pay a commission. 

We track most things manually, but use Apartments.com for the units currently occupied (adding more units in our portfolio will incur the Apartments.com premium cost, so I want to explore my options if software is no longer free). 

It uses both tools (Rentometer, BP rent estimate tool, and Zillow) to get price a start price and then specifies how to remove poor comps to adjust the tool price.