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10 August 2024 | 8 replies
Here is what I proposed:Setup fees : Administration Setup:One Time Fee: $400Guidebook: Using professional photos give the guests a professional tour of the house and how the home works (Wifi passwords // How to use grill // How to use propane fireplace // Hot tub instructions // Sauna instructions //Check in and check out instructions //where extras may be storedOTA (Online Travel Agency) setups: taking professional photos and actively updating your listing on popular platforms;PMS (Property Management System) Setup Smart Pricing Set upWebsite integrationOther (furniture arrangement / design / décor shopping and set up) $50 per hour· Placement fees · Marketing Cost: Variable depending on needs/wants for marketingFacebook AdsGoogle Ads Cleaners: Set up procedures/take pics of expectations· Management fee—30%Guest communicationCleaner communicationSetting Rental rateDealing with small maintenance issuesBooking CoordinationSmart Lock integrationKeeping supplies stocked (TP, paper towel, all cleaning products, coffee, filters, creamer, sugars, teas,)(Receipts would be submitted on a monthly basis for either reimbursement or book keeping purposes)Encouraging guests to leave good reviews by periodically checking in, providing a review template, and ensuring guests receive the amenities they are looking forContinued marketingMajor Maintenance fees—OwnerCleaning and laundry services fees: Cleaning fee to the guest depending on how cleaner wants to charge
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10 August 2024 | 13 replies
Government programs like FHA 203(k) can assist in purchasing and renovating homes, but certain regulations apply.
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9 August 2024 | 7 replies
Plus, regulations change and businesses move and staffing needs ebb and flow, I want to remain profitable in the worst case scenario.
10 August 2024 | 6 replies
So brokers that have an idea what their insurance covers, won't let you do it.Russell, Wholesaling regulations are continuing to change.
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9 August 2024 | 12 replies
It's called the law of unintended consequences and law makers do this all the time trying to regulate businesses they don't understand.
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9 August 2024 | 6 replies
Most of the wholesale offers I’ve received state clearly they want it fully assignable (vs seller approval to assign) and mode of access or specific procedures for access.
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7 August 2024 | 0 replies
Hi,
I own a home built as a STR property near the stadiums in Nside. I recently listed on VRBO and now have my calendar blocked by the company after speaking with a potential property manager. The property manager as...
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8 August 2024 | 8 replies
Firstly, it's important to point out that Pismo Beach, like many other California towns, has imposed stricter regulations on STRs in recent times.The city has drawn a distinction between three types of authorized 'Less Than 30-Day Rentals,' specifically a "Short Term Rental," a "Vacation Rental," and a "Homestay Rental."
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8 August 2024 | 1 reply
In some cases title companies will still refuse to insure if they notice something off procedurally with the the tax sale process.
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9 August 2024 | 6 replies
Focus on emerging neighborhoods with growth potential, understand local regulations, and collaborate on projects.