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29 December 2024 | 16 replies
The tenants have paid and if someone is thinking about moving out then an extra surcharge that hits if they aren't out in time for us to turn the place for a lucrative AirBNB short term rental can help massage the move out timing.That said with MTR we do not have the cleaning costs that eat up a lot of STR gross, and its lower hassle in some ways.
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23 December 2024 | 1 reply
However, if I had started off with a house hack, I could have lower my monthly mortgage tremendously which would have helped me build up my savings at a much quicker pace than I had.
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5 January 2025 | 24 replies
This implies residential units can be built at lower costs and provide better return. 11) adding an ADU to SFH can make the SFH fall under rent control.
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30 December 2024 | 5 replies
Walkthroughs are never detailed enough to be final (ie often tenants have lower disconnected and discover broken appliances later.)
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26 December 2024 | 15 replies
@Paola AstridIf you’re considering refinancing an FHA loan, it’s a great way to lower monthly payments or gain more flexibility.
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1 January 2025 | 22 replies
Quote from @Deborah Wodell: First, research markets with job growth, lower competition, and strong demand for housing.
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26 December 2024 | 9 replies
We’ve tried off-site laundry, but our sheets get mixed up and replaced with lower-quality ones, so we prefer on-site washing.Currently, our cleaners have about four hours between guests to process 6–8 loads, but the dryer is the bottleneck at 1.5 hours per load.
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26 December 2024 | 6 replies
It's way lower risk while you're getting your feet wet.BRRRR definitely has better potential returns, but it also has way more moving parts that can go wrong.
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24 December 2024 | 17 replies
I am in Milwaukee, very hot rental market.Whenever you have an issue like this, think with an XLS and project dollars, for example:- 2 months lost rent: 2 x $2000- 5% lower purchase price: $15,000
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22 December 2024 | 5 replies
To Chris' point, you can find lower options if you handle some of the management responsibilities.