10 November 2024 | 19 replies
Also, regarding the 15% you pay to Airbnb replaces the commission your guests used to have to pay to Airbnb so you should be able to charge it through your guests through your pricing.And, yes, operating short-term rentals in Mexico, while cheap compared to developed countries, is somewhat more expensive than in Colombia, Ecuador and the Dominican Republic because Mexico is more developed.
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9 November 2024 | 27 replies
They charge $1500, get you into the door, using you to find a deal, setting up partnership to make you carry 100% debt and all the risk, while ripoff 80% ownership (include the 10% for sponsorship to get loan)You definitely can get some useful information from their event but do deal with them?
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13 November 2024 | 18 replies
I did a DSCR loan once and was amazed of the BS fees which were charged.
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8 November 2024 | 3 replies
While these contractors are certainly out there, in my experience they also tend to be the ones that work with home owners directly and charge "retail" prices, not "investor" prices.I would shop around with lenders to understand how they work with their loans.
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9 November 2024 | 10 replies
Most HMLs I deal with will do that; however, they will probably charge an extension fee.
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11 November 2024 | 16 replies
While it was tempting to make a margin on cleaning fees, we believed it was shortsighted; it was far easier to charge more per night with great reviews than to pocket that money and deal with cleaner turnover and unhappy guests.No Checkout Instructions: We believed people were on vacation, and since we already paid our cleaning team well (see point 1), we didn’t feel it was necessary to ask guests to do anything.
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6 November 2024 | 29 replies
They eventually sent one out who visited the property, told the tenant that she would have to buy a bunch of parts, then charged my tenant $50 for visiting, but never submitted an estimate.
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10 November 2024 | 4 replies
They already scraped and painted it but management tried to charge $250 for doing so, which i argued stating the cause of the damage was the lack of ventilation.
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6 November 2024 | 7 replies
Being in Orlando it's one of the more safe areas for hurricanes but make sure you pay attention to flood zones, get flood insurance as necessary in case of flash floods in rivers, and make sure you can get legitimate insurance providers.
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19 November 2024 | 111 replies
I do not charge an application fee until I am ready to offer the unit to an applicant assuming that there is no disqualifying info on the credit/background report which I do run even though I don't require good credit.