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27 October 2024 | 23 replies
For instance, posting a home could potentially violate various laws that listing agents are trained to navigate, such as Fair Housing regulations and the recent NAR settlement.I’d recommend establishing a solid relationship with a listing agent.
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24 October 2024 | 18 replies
Assuming you just manage your own properties, not other people's properties, you can use Buildium for management tasks (keeping track of maintenance, store documents, communication, etc.,) and use QuickBooks for everything related to accounting/financials.
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23 October 2024 | 10 replies
You may lose access to the bookings they have managed, as those reservations are often under Evolve’s control, and they may manage the communication, payments, and cancellations for those guests.Transferring Bookings: Some companies might allow you to transfer the bookings if you switch to managing the property independently or through another service.
30 October 2024 | 94 replies
You can also look at creative financing/subto or owner finance as an option and finally there are DSCR options that will allow you to go up to 85% of purchase (but there is a fairly severe interest rate penalty), so I'd recommend staying in the 70-80% range.
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28 October 2024 | 40 replies
We make over double the fair market rent. with zero collection issues and turn overs that are simply hire the made to go clean..
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21 October 2024 | 5 replies
Hello members !I have a 3 BDR one bath house in Maple Heights Ohio that I am considering renting to section 8 tenant .CMHA chart for the house zip code showing a max rent of around $2000 for 3 bedroom.I know market r...
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23 October 2024 | 9 replies
They can handle bookings, cleanings, and guest communication, so you’re not always on call.Also, keep in mind that some areas have specific rules and regulations for short-term rentals, so make sure you understand what’s allowed in any location you're considering.It’s great that you’re eager to learn, and with the right strategy, STRs can definitely help you gain more freedom.
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24 October 2024 | 4 replies
Just offer a great experience at a fair price and they will come.
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24 October 2024 | 18 replies
The left hand doesn't know what the right hand is doing and the execution seems poorly planned and communicated.
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23 October 2024 | 4 replies
Sounds like you've had poor expectations on how the process works, poor communication from your lender, and maybe there is more to your file that you are letting us know.