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3 February 2025 | 0 replies
Upon BP member recommendations, my husband got his real estate license which now helps increase our access and decrease our transaction costs.
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17 February 2025 | 8 replies
Our average monthly revenue is $2,675.We have had 46 stays so, $4,600 in cleaning fees (the cleaning fees are included in the avg $2,675 monthly revenue) If we have someone clean it, it costs $100.
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30 January 2025 | 8 replies
A lot of private or hard money lenders won’t mind if you live in the property while you’re fixing it up, as long as you meet their terms.
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22 January 2025 | 8 replies
.: I’m currently renovating a rental property and exploring ways to manage costs without compromising on quality.
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10 February 2025 | 6 replies
It could be anything... a mistake in estimating, a cost overrun, or something like the place burns down and the insurance wasn't properly taken out, or theft (of the money outright) or theft of materials along the way.
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23 January 2025 | 11 replies
Demand and occupancy appears strong, but the numbers don't add up for me to justify the effort of STR.
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21 January 2025 | 10 replies
Costs before that (during remodeling) are added to the basis.2.
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14 January 2025 | 7 replies
Most won't insure pools with diving boards or ones without a VGBA drain.2) Include the cost of a pool company to manage the pool in the rent.
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3 February 2025 | 27 replies
It also saves you some costs, which is helpful when you’re just starting.
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26 January 2025 | 2 replies
Thanks,Jake For unemployment data and population growth, government sources like the Bureau of Labor Statistics and Census Bureau are reliable and up-to-date.