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27 June 2024 | 1 reply
However, there are pros and cons to this approach:Pros:Streamlined Operations: Property managers can integrate their systems more efficiently, leading to potentially better management and guest experiences.Experience and Optimization: They might have established profiles with good ratings and reviews, which can help attract more bookings.Cons:Loss of Control: If you stop working with the property manager, you could lose access to the listing and the reviews associated with it.Dependency: Your business becomes more reliant on the property manager, which could be problematic if the relationship sours or if their service quality declines.As an experienced STR manager, you're already familiar with many aspects of managing rentals.
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27 June 2024 | 3 replies
All the construction for the ADU was unpermitted/undocumented and the previous owners were contractors themselves.I want to apply to the Oakland Amnesty program, but one of the requirements is that they need proof of the establishment/construction and also occupation of the ADU prior to 2021.Since I just bought the home in late 2022, what is the best way to go about the proof of establishment and occupancy requirement?
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1 July 2024 | 27 replies
I think newer, less established, and daisy chain Wholesalers often don't consider the needs of the end buyer (investor) when underwriting properties.
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30 June 2024 | 28 replies
Once you have established references and a team it will become easier but it's never passive and takes time.
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27 June 2024 | 9 replies
BP helped me to establish myself as an investor and I decided to go all in and got WA Real Estate license.
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27 June 2024 | 10 replies
When I talked to Minut about this, they said they might update the language to reflect it can take longer to establish a baseline.
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27 June 2024 | 4 replies
I'm thinking one might be that it wouldn't show established long-term tenancy in the case that I may want/need to for lending purposes.
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27 June 2024 | 18 replies
Start by examining population growth, as cities or neighborhoods with steady increases in residents indicate a thriving area with potential renters.
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26 June 2024 | 28 replies
At any rate: the collective group is thriving.
28 June 2024 | 14 replies
What matters is that you have more knowledge about an area than your competition and you have the correct team established.