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1 February 2025 | 11 replies
As for the rest of it, you can find a lot of useful tips on past forum posts along with podcasts and youtube material on the topic (BP and other RE sources).We've self managed STRs for a few years.
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30 January 2025 | 4 replies
I have 3 homes managed by a property manager.
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29 January 2025 | 11 replies
I was wondering if you found a lender, and if so, how your project is going.
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9 February 2025 | 3 replies
I used Hostify and you can work it into the management system to figure and charge all of that for you.
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3 February 2025 | 10 replies
You would have to self-manage though, as paying a property manager will eat up most of your profits.
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12 February 2025 | 14 replies
If the negative cash flow is manageable and the appreciation potential is strong, it could be a smart move.On the other hand, investing out of state allows you to enter more affordable markets with strong, steady returns, helping you to build a diverse portfolio over time.
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22 February 2025 | 11 replies
We're an appreciation market, not as much of a cash flow market here, unless you're putting a large down payment or actively managing STR's.Buying out-of-state can get you more cash flow, but the tradeoff is less appreciation (usually), and cash flow can be eaten up by maintenance and expenses.
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12 February 2025 | 17 replies
If there’s a significant difference, it might justify the cost of adding more beds.For example, we manage a 4BD property where one bedroom is currently locked off, so it only sleeps 6 (1 king, 2 queen).
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24 January 2025 | 2 replies
Hello, To all my permit expediters and all other contractors, how do you all go about finding leads for projects?
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11 January 2025 | 9 replies
Being able to be on site and able to commute 20-30 hours a week on the project is crucial for me