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9 December 2024 | 9 replies
As there is only a one lane asphalt driveway that goes between the building and the east property line the contractor will have to operate his heavy equipment there and will hurt tenant access and definitely damage the asphalt.
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1 December 2024 | 6 replies
From my experience, many investors prefer to stay hands-off and avoid the day-to-day operations—managing contractors, solving unexpected issues, or finding a replacement electrician.
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2 December 2024 | 21 replies
I moved out of it and now operate it as a rental (one unit LTR, the other MTR).
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2 December 2024 | 29 replies
DFW AirBnB is getting expensive to operate and find good deals due to all the HOA regulations that are being implemented..If the property won't cash flow in LTR, then your option is limited to listing it, but I don't exactly know without looking at the numbers, as you can figure out some month to month strategy to lease the unit for a while.One thing that I always tell my clients is that when you are doing AirBnB or any STR/MTR, you are entering into the hospitality industry.
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27 November 2024 | 11 replies
A home next door to mine is on market for $399,000 very similar to mine, just bigger. 3/1 renovated about 1300sqft.
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1 December 2024 | 21 replies
Your chances of success will be much higher in the best locations because the high demand of people wanting to live there combined with high appreciation potential will make up for the inefficiencies and risks of operating remotely.
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3 December 2024 | 26 replies
You can create a separate virtual account for each unit that will link to your main operating account.
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4 December 2024 | 6 replies
To avoid these, create an operating agreement outlining roles, responsibilities, financial contributions, and handling disagreements.
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25 November 2024 | 2 replies
We would have to switch back to Iron Ore mining and more Coal energy, which both have significant EPA or political issues.
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30 November 2024 | 4 replies
And it is very straightforward to file these, so I would expect it to be well within the scope of any operator sophisticated enough to pull off an owner financed deal.