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8 October 2024 | 22 replies
In a properly run platform, VRBO would require hosts to upload this information to the platform, and the guests would access the information directly from the platform, eliminating drama.
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7 October 2024 | 7 replies
When dealing with unique properties like this, I would make sure that the ADU on this property is properly zoned.
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5 October 2024 | 2 replies
I have used Obie and Proper; I haven’t had to make a claim with either.
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2 October 2024 | 24 replies
At the end of seven years, the interest and principal is paid back and I have effectively manufactured $60,000+ in cash.
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7 October 2024 | 35 replies
Things such as location, condition, aggressive rent rate, etc affect how much work may be required to properly manage a property and its tenants.
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4 October 2024 | 11 replies
The registration site still isn't working properly.
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4 October 2024 | 8 replies
I am now looking to get the proper STR insurance on the unit.
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7 October 2024 | 24 replies
But it's missing a couple of integral features, such as maintenance requests/tracking, and also my bank (which I do not want to leave) for some reason has always hated connecting to Stessa and thus never works properly...
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5 October 2024 | 1 reply
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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6 October 2024 | 1 reply
Structuring your financing properly allows for sustainable growth while mitigating risks.