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18 October 2024 | 29 replies
Almost every host has experienced it, a high maintenance guest that you go the extra mile for and reports nothing wrong during the stay, but then posts a hyper critical review as if they are Gordon Ramsay reviewing a restaurant.I have always opted to just not post a reply, especially since we have over 50 great reviews on both sites.
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12 October 2024 | 2 replies
The author and article suggests to utilize the climate risk data before committing to an investment and be familiar with specific risks in your area—whether it’s floods, wildfires or heat waves.They recommend these valuable tools to assess these risks:FEMA National Risk Index – Provides a comprehensive overview of natural hazards across the U.S., including floods, earthquakes, and severe storms.USDA Wildfire Risk to Communities – Offers detailed insights into wildfire risks for homes in specific regions, particularly useful for properties near forests or dry areas.Risk Factor – Analyzes flood, fire, and other climate-related threats for individual properties, giving you a risk score.Climate Check – Delivers property-specific climate risk ratings, covering heat, drought, fire, and floods.Do you consider environmental factors like flood and heat when investing?
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17 October 2024 | 9 replies
Thanks for your in-site Bill!Â
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17 October 2024 | 47 replies
I see leads with vacant houses on FSBO sites.Â
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17 October 2024 | 1 reply
The land represents ~1% of the purchaseOn the contrary - if you purchase a $2 MM shack in manhattan on a postage stamp lot, the land could represent 99%Lever 2 - % of the property with a shorter useful life.Not all parts of a piece of real estate are depreciated at the same speed.Certain personal property assets have SHORTER lifespans in the eyes of the IRS vs the standard 27.5/39 year livesProperties with tons of this often have:- Over-developed land sites (hardscaping, pools, retaining walls)- Fancy Fixtures- Fancy Furniture (STRs!)
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15 October 2024 | 1 reply
At this point, we are three years in, and have learned that you sometimes have to have thick skin (grit) in dealing with tenants, managers, and RV site visitors; while maintaining a sense of humor and humility.
11 October 2024 | 1 reply
Follow these tips to verify the authenticity of references and gather comprehensive insights into a tenant’s rental history.Verify authenticityAlways confirm the contact information provided by the tenant.
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24 October 2024 | 55 replies
When I was first on this site I would advised against paid education, I saw it as all grossly overpriced and unecessary.
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17 October 2024 | 26 replies
There were posts on this site as well.
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15 October 2024 | 10 replies
If you want to do postcards, DealMachine has a way that you can send post cards directly from the app/site.