
20 September 2024 | 73 replies
Furthermore if agents were paid on a fixed hourly scale then the thing driving that rate would be the quality of the product they produced.

13 September 2024 | 11 replies
Hope this helps everyone.Proper InsuranceProper Insurance is a leader in the vacation rental insurance space, offering policies in all 50 states.SafelySafely provides dedicated vacation rental insurance with additional services like guest and home background checks.CBIZCBIZ is known for its comprehensive vacation rental insurance solutions for both everyday hosts and larger-scale property managers.Rental GuardianRental Guardian offers flexible plans tailored to hosts' budgets, including options for international properties.InsuraGuestInsuraGuest provides specialized coverage for vacation rental properties, including accidental in-room property damage and theft protection.Red Sky Travel InsuranceRed Sky offers insurance products specifically designed for managed vacation rental companies, with packages tailored to different destination types.

11 September 2024 | 3 replies
If you can build fro around 200-250k per unit, it may seem attractive, depending on time frame, debt terms, and the ability to achieve 2k per month in rent.Great product to build.

11 September 2024 | 20 replies
Operators that are open and able to offer combined usages for slower seasons, such as mid term discounted extended stay rates in the winter, can improve lower estimated production in the off-seasons.

11 September 2024 | 17 replies
The toilets flush fine if there’s no paper products in them.

8 September 2024 | 0 replies
Continuous Improvement: They consistently seek feedback and assess what’s working or not, making necessary adjustments to enhance team performance.Conclusion:Great leaders focus on building a team that is not just skilled but also motivated, cohesive, and resilient.

11 September 2024 | 13 replies
If you're slowly increasing but still slightly under market, have a better product, or better service (or all 3) and have rental comps to back it up, if they start to ask you can highlight these points.

9 September 2024 | 19 replies
In general repairs is something that that bring back to its working condition without adding any value while replacement are generally considered improvements as they enhance the property or extend its life.

9 September 2024 | 12 replies
Look at State Employee's Credit Union (North Carolina) and check out their mortgage products.

10 September 2024 | 2 replies
And when demand is high, the product goes to the highest bidder.