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1 October 2024 | 5 replies
Thank you Preston, I really appreciate any and all real-estate tools that provide beneficial information.
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2 October 2024 | 13 replies
As others have said, it doesn't really make sense to run calculations for STR analysis on a monthly basis, just use annual revenues.Get signed up with a pricing software and use the market analysis tool.
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1 October 2024 | 14 replies
AirDNA is a good tool for looking into those specific areas and weighing the strengths.
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1 October 2024 | 10 replies
BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.
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1 October 2024 | 2 replies
Since tenants are not all the same schedule, there are no bottlenecks for kitchen or bathrooms use.Lower level: Large unit for the onsite-manager with private kitchen and bath (has windows in every room but is partly below grade), plus the common area laundry room, and managers’ tool room / storage room.What made you interested in investing in this type of deal?
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2 October 2024 | 48 replies
Lastly, not sure why you would need Hostaway or pricing tools for one property to add VRBO.
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30 September 2024 | 4 replies
The best tools to take advantage of as a new member are the keyword alerts and local meetups.They help you find the right discussions and connect, in real time, with like-minded folks in your market.All the best to you!
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30 September 2024 | 46 replies
VRBO's Market Maker tool is awesome for this.
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2 October 2024 | 8 replies
Tools like Cozy or Buildium can streamline processes.Understand Legal Obligations: Stay updated on Colorado landlord-tenant laws to ensure you're compliant with security deposits, lease agreements, and eviction processes.Effective Communication: Set clear expectations with your tenants about communication channels and response times.Regular Inspections: Schedule periodic visits or hire someone to conduct property inspections to catch minor issues before they become major problems.Final ThoughtsWeigh the pros and cons based on your circumstances.
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1 October 2024 | 16 replies
Both can be powerful tools for investors, especially when you’re looking to maximize cash flow and returns.Since most lenders have a minimum loan requirement of $75K, you might want to explore hard money lenders.These lenders specialize in funding investment properties, even for amounts below traditional lending thresholds.