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3 October 2024 | 26 replies
I also found this site listcolorado.com have you used this in your search?
30 September 2024 | 3 replies
I’ve never rented one site unseen.
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25 September 2024 | 1 reply
For a more comprehensive look at the Las Vegas investment market, feel free to DM me for a link to our blog.
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1 October 2024 | 12 replies
I assume you could take a similar approach with Redfin, Realtor etc etc.There are STR sites like Rabbu that present deals regularly but not sure if these are sold furnished.
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2 October 2024 | 11 replies
I find the rental application tailoring or modifying to be a lil cumbersome on the site even worse on the app.
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25 September 2024 | 14 replies
Yes they are more than others, but they have the most comprehensive coverage for STRs.
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3 October 2024 | 23 replies
Advertise the property on Craigslist or other sites if you must.
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29 September 2024 | 0 replies
Website traffic, time spent on site.
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30 September 2024 | 10 replies
Sure it can be a write off, but my question is if it is the highest and best use of your time (or the given employees time) to be running a skid steer - transporting it, storage, maintenance, cleaning, etc, and if it still makes sense if you need to hire someone to run it for you and take care of the other things.Add up all those recurring costs - maintaining the machine, maintaining the trailer, having a large enough truck to tow it, insurance and registration for all of the above, your time or your employees time related to all of the above...even at $14k a year it might be attractive enough to keep paying that and having them drop it off at the job site for you.A brand new machine could easily cost you over 6 figures - that's 7 years of rentals at $14k/year before including all the holding costs.
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25 September 2024 | 7 replies
When financing a large-scale fix-and-flip project, assessing and managing risk is crucial for success.Risk Management StrategiesContingency Budgeting:Set aside a contingency fund (typically 10-20% of renovation costs) for unexpected expenses.Time Management:Develop a detailed project timeline to keep renovations on track and avoid extended holding costs.Partnerships:Collaborate with experienced contractors and real estate agents to mitigate risks associated with repairs and market positioning.Insurance:Obtain comprehensive insurance coverage, including builder’s risk insurance and general liability insurance, to protect against unforeseen events.Exit Strategy:Always have an exit strategy.