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3 October 2024 | 6 replies
And over the years, pool maintenance, lawn maintenance and other such expenses, just kept going up.I got the rent numbers from looking at comps, and this assumes I have a tenant 100% of the year, which is probably way optimistic.Please let me know what you think.
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8 October 2024 | 16 replies
Here are a few of my top tips for making your property pet-friendly:Research local pet fees: Ensure your pet fees are competitive while still allowing you to cover potential wear and tear and make a profit.Set a pet limit: Specify the maximum number of pets allowed on your short-term rental platforms and highlight this in multiple areas of your listing, including your property rules.Provide pet essentials: Invest in items like a large dog crate and pet food bowls for guest use.Create clear pet rules: Share these rules with guests during check-in.
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5 October 2024 | 1 reply
Any tips for others looking to maximize their investment during rehab?
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4 October 2024 | 39 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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8 October 2024 | 23 replies
Are there any tips on how to make my listing appealing to Oxford House or other recovery housing networks?
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9 October 2024 | 15 replies
Thank you for the tips!
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9 October 2024 | 312 replies
In my community I know for a fact that there are 4/3 2500sf homes with pools renting for $2000.
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3 October 2024 | 2 replies
Currently, I am working on a bachelor's degree for the next few months but after that, I will be jumping into the pool with many of you.
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3 October 2024 | 1 reply
Finding the right property management company is crucial to protecting and enhancing your real estate investments. Here are five important things to consider when making your decision:
Certifications & Licenses: ...