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2 November 2024 | 8 replies
People don't book to stay inside the home; they come for the experience around it.
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5 November 2024 | 5 replies
It's relatively easy to look at comparable properties on airbnb with the same bed/bath, general condition, and location and click around their calendar to get a sense of what they're making in bookings each month.
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6 November 2024 | 13 replies
Brandon Turner recommended this technique in his books and podcasts, but that was back when he was managing his own properties.
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9 November 2024 | 21 replies
I would like to build a craftsman or bungalow style, Recorded in the Domesday Book of 1086 as Latune, Latham became synonymous with rural land awash with barns and farmland.
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5 November 2024 | 34 replies
If the calendar is booked, there's demand.
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7 November 2024 | 15 replies
https://www.amazon.com/California-Landlords-Law-Book-Respons...$26 for the kindle edition could be some of the best money spent on your RE business.
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6 November 2024 | 5 replies
Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.
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7 November 2024 | 27 replies
If piti is $1100 and rents range from $1000 to $1200, conservative underwriting would use the lower of the rent range, we have $1100 rent - $1000 PITI - $120 PM - $50 (vacancy) - $300 maintenance/cap ex - $50 misc (tax man, asset protection, book keeping, utilities that are not tenant responsibility such as for a slab leak, etc) is about negative $420/month.
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4 November 2024 | 9 replies
I don't think you can raise the rent by installing it because most guests aren't going to be using it anyways and it will prevent guests from booking potentially because your price is higher than others.II say all this as someone who drives an electric vehicle.
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2 November 2024 | 22 replies
Bad snow (no snow or less snow than normal) = less bookings and lower rates due to decreased ski demand.