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27 November 2024 | 11 replies
Thanks for sharing such a thorough guide!
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26 November 2024 | 9 replies
TIAErich Erich - I would echo other's comments, but also point you in the direction of a Bigger Pocket book, "Estimating Rehab Costs" - It's a 2019 version, so the actual dollar amounts will need to be increased, but it can give you a good starting point for the process that you can refine/update over time.
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26 November 2024 | 8 replies
I recommend talking to a local mentor to guide you through this process.
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19 November 2024 | 1 reply
Totally worth it to cover any gaps.For managing it all, a Property Management System (PMS) could save you a ton of time by syncing calendars, automating messaging, and handling bookings.
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25 November 2024 | 4 replies
Love that you're learning from podcasts and books - lots of great insights there for sure!
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26 November 2024 | 10 replies
I will consider your suggestion's particularly the investigating of the local real estate market here (or as a minimum use it as a guide for if/when i return to the states as so to develop my research and planning skills).Appreciate your feedback.
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28 November 2024 | 13 replies
For me that is booking 15 nights.
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25 November 2024 | 11 replies
Also, because your unit will probably be booked with a guest most of the time.
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25 November 2024 | 23 replies
My approach was to partner with a GC, so he handles the rehab estimates with his years of experience.Another option is to read J Scott’s book on estimating rehab costs.I've heard a lot about this book.
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25 November 2024 | 1 reply
Book losses through bonus depreciation.4.