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15 November 2024 | 9 replies
@Laura CasnerFocus on quality over quantity in real estate investing, celebrate progress, refine criteria, explore secondary markets, and explore different property types.
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14 November 2024 | 2 replies
Based on my experience, you either pay some more but get a high-quality service, or you have really raw but cheap software.
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15 November 2024 | 1 reply
Standard real estate practices.
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15 November 2024 | 12 replies
If they are not managing it to your standards, hire a different property manager and let them manage it.
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15 November 2024 | 17 replies
The bottom floor is a permanent STR.At this point, living on the top floor of an STR no longer fits my life and while it has been somewhat profitable depending on the month, I can no longer handle the hassle of management and would be taking a loss if I used a standard airbnb property manager.
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14 November 2024 | 3 replies
That being said, here’s what I would recommend for a thorough DD process:-Build a plan in advance (setup a spreadsheet, meet with the team, etc)-be prepared to take a lot of pictures -document notes with each room (we use notes on Apple and share it with the team)-align the team on standardizing information (example: what does “bad” mean, what does “okay” mean, etc - everyone looks at things differently and you want to make sure the notes are accurate during your debrief)-bring in professionals for things you can see, like sewer lines hope this short list helps!
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12 November 2024 | 10 replies
Go for higher quality properties in better locations as rental properties are priced for risk.
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15 November 2024 | 16 replies
If it is decent quality then I would keep the carpet in place and see how it wears.
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13 November 2024 | 3 replies
Also, brand suggestions for quality?