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3 October 2024 | 6 replies
I think the major branches of STR that owners need to know are -Financing, Market Research (you technically have it already in Cape Coral), Property Selection (what makes good STRs, regulations, analyzing, etc.), Designing and Furnishing (amenities, design, theme, linens, etc), and operating (Insurance, Property management or self-management, Tech & Tools, Cleaners & handy people, etc)All of these could be covered depending on who you work with that can cover each topic.
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4 October 2024 | 5 replies
Whichever you select must apply to all assets in the estate.But you still get the new basis at time of death, regardless if it is sold within 6 months.
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4 October 2024 | 11 replies
My suggestion would be to select someone with the most forum posts or most reviews.
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2 October 2024 | 2 replies
Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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3 October 2024 | 1 reply
It’s definitely still possible to make the numbers work with a Cape Cod rental, but you’ll need to be selective.
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3 October 2024 | 2 replies
The current plan is to look into some sort of multifamily and house hack at the same time but plans may change when I get to know more.
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3 October 2024 | 7 replies
My suggestion would be to select someone with the most forum posts or most reviews.
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9 October 2024 | 312 replies
But in every deal there are decisions that need to be made on which risk to choose when selecting financing.
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7 October 2024 | 20 replies
I recommend having a column that tracks which properties or activities the time relates to so it will be easy to sort in the future.
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3 October 2024 | 8 replies
Sort of forgot about them, looks like my property was "approved" with them but that's the last I've heard from them and this was last December.