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23 January 2025 | 6 replies
It might be wise to sell it just from a management standpoint and reposition the money into some index funds and maybe another property in NC.
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23 January 2025 | 0 replies
Working with Real Estate ProfessionalsLocal Real Estate Agent: Choose an agent experienced in student housing.Property Management Services: Consider hiring a property manager if you’re not local.Inspection and Appraisal: Conduct thorough due diligence to avoid costly repairs.6.
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29 January 2025 | 9 replies
Here's a good folder setup.Bank StatementsCredit Card StatementsProperty Management StatementsMortgage StatementsSTR Platform StatementsInvoicesReceiptsClosing Documents (Purchase/Refi/Sale)LeasesCheck & Deposit ImagesVendor ContractsW-9’s & 1099’s
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1 February 2025 | 16 replies
This can put a significant strain on your finances and cash flowThey also often require a large down payment themselves and may have a strict repayment schedule that can be difficult to meet, especially if there are unforeseen circumstances or delays in renting the property or generating income from itIn addition, relying on this type of loan may expose you to higher financial stress and the possibility of default if you are unable to meet your loan obligationsThe final decision depends on your overall financial situation, risk tolerance, and your ability to manage the associated costs and obligations
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29 January 2025 | 7 replies
Make sure every investment is solid and that you know how to manage them well.
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23 January 2025 | 1 reply
Having a great self-storage facility software for online management is key!!
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21 January 2025 | 1 reply
I have been following the Real Estate Investing industry for a while and just recently decided to put my focus into it and implement a plan I had in mind for years.So I went down to Puerto Vallarta I put together a team of local realtors, brokers, contractors, property managers and a lawyer.
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22 January 2025 | 2 replies
A major part of the success or failure of an STR investment is the design, furnishing and management plan.
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25 January 2025 | 8 replies
Quote from @Joy Daniels: I manage short-term rentals in the Sarasota area, and I'm always looking for innovative ways to boost occupancy rates year-round.From your experience, what marketing strategies have had the biggest impact on keeping your properties booked?
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24 January 2025 | 12 replies
Lastly, there will be no management fees!