2 October 2024 | 28 replies
I don't provide alcohol, but I sure collect a lot of it after guests leave!
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6 October 2024 | 36 replies
I could have hired a pro, completed the work in under 30 days, and then collected five months of rent, which would have paid for the contractor and freed up my time.I learned a lot from the experience and don't regret it, but I'm aware of my limitations and more selective about what I take on.
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1 October 2024 | 2 replies
I have a rental in a new rural development that does not have city garbage pickup. Most neighbors just use local dumpster providers, is it my responsibility to pay for the dumpster? Should the tenant arrange for it an...
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3 October 2024 | 2 replies
Starting early is smart, and I’m impressed!
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5 October 2024 | 15 replies
But if there are any additional taxes that the host has to collect and pass through to the county/state manually, they are included in the revenue there.Yes, cleaning fees are included in that revenue.Yes, that revenue is before Airbnb fees.
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4 October 2024 | 13 replies
Our market has some pretty impressive buyer incentives in majority minority areas.
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7 October 2024 | 16 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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30 September 2024 | 4 replies
We collect payments from property owners and distribute them each month.
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4 October 2024 | 14 replies
I've been playing with it for the past week and am very impressed as well.
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5 October 2024 | 7 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.