13 January 2025 | 7 replies
We are seeing big increases in HI because of the natural disasters in FL, CA, etc.
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3 January 2025 | 5 replies
I like a navy, darker blue, charcoal or Teal but it really depends a lot on lighting, natural light and how big the kitchen is.
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9 January 2025 | 8 replies
The market will naturally balance itself.
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6 February 2025 | 58 replies
You just need someone who understands the "block-by-block" nature of the city and surrounding areas.
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30 January 2025 | 47 replies
Human nature is fallible and any business that exists out there is run by humans.
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29 January 2025 | 20 replies
You should have a good idea of every expense you have in your primary home, then add the STR specific: (These are rough estimate numbers, depending on various factors)STR insurance - a special insurance that covers both the property and your liability, could be $2~4k in areas without natural disasters, could be more than $10k in some other areas.cleaning fee - approx. $50 per bedroom, so a 4-bedroom house will cost you about $150~200consumables - bathroom supplies, kitchen supplies, beverage supplies: $20~30 per week, depending on how much you providewear and tear - towels, linen, kitchen utensils, some furniture: $1000~2000 per yearRepairs/replacement for things that guests break or steal: $1000~2000 per yearAlso, if your personal use is less than 14 days a year, the entire property's expense is deductible against STR income, but if you use more than 14 days, then you will have to calculate the proportion of how many days it's rented out vs how many days you or your family uses.
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14 January 2025 | 18 replies
I recommend homing in on what MOST vacationers are looking for in a specific market and try to find properties that have natural features/amenities that are scarce.
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7 January 2025 | 1 reply
The property is off grid, but already set up with solar and a compost toilet and things of that nature.
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27 January 2025 | 6 replies
There are many more and many more personal goals such as getting married and starting a family, adopting my first GSP dog, traveling to Wyoming and Montana and spending more time in nature, just to share a few.
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6 January 2025 | 5 replies
Due to inflation and the drastic increases in material, labor, and supplies, that's naturally caused carriers to rethink limits/values on file.