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20 November 2024 | 11 replies
STR income will always be dependent on who I managing the property, how nice the finishes and furnishings are, and the actual location of a property within the given city.With my STR in Destin, numbers are more or less the same as last year, perhaps down just a hair.
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19 November 2024 | 1 reply
That’ll give you flexibility to automate and integrate workflows as your needs evolve.A direct booking site is a nice-to-have down the line if you want to save on platform fees and build a brand, but starting with platforms like Furnished Finder or VRBO is a solid way to keep things simple while you’re getting started.Good luck—sounds like you’re on the right track!
19 November 2024 | 28 replies
That's enough that you can use for a down payment on a multifamily in a nice area here.
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20 November 2024 | 4 replies
It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.
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22 November 2024 | 20 replies
Place good residents, make sure the block is nice (just not the street) and you should be fine.
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18 November 2024 | 4 replies
30-year fixed DSCR Nice!
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19 November 2024 | 6 replies
Nice portfolio you have going so far with 7 properties.
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18 November 2024 | 9 replies
In that area you're looking at average rents in the $1,200 - $1,300/mo range unless this house is extremely nice.
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19 November 2024 | 19 replies
Not many people are given such a nice pile of investment cash.