
9 September 2024 | 23 replies
I explain they will have difficulty Renting a quality unit, that I will ding their credit, that I will attempt to garnish their future income to recover what they owe.

11 September 2024 | 10 replies
That means you can distinguish your listing by being responsive and courteous while providing a quality product.To more directly answer your question, while there isn't a great website for MTR data, I do estimate MTR rents with either the BP rent calculator or rentometer.com's and then multiply by 1.5x as a screening tool.

16 September 2024 | 43 replies
Also we “Pruned” our assets and moved up in quality and future embedded development profit.

10 September 2024 | 10 replies
Although my cost of capital was cheap (2.5% 30yr fixed), the increased STR supply resulted in a more hands-on approach by me (better marketing, improving the quality of my check-in hose, services, etc) and this wasn't turning out to be as 'passive' as I would have liked (I've been managing my own LTRs for close to a decade, so perhaps I'm spoiled).

9 September 2024 | 5 replies
It was a great experience…high quality renter, no maintenance on our part, and she paid it off a year earlier than anticipated.It was too long a term, though, and did not account for appreciation, especially during 2022-2023.We have heard a few podcasts on the rent to own strategy, and are very interested.

10 September 2024 | 0 replies
Ensure that your platform profiles have high-quality pictures, compelling bios, lead magnets (e.g., free guides, eBooks), and clear calls to action.

10 September 2024 | 1 reply
Here’s the situation:Key Project Details:•Property Size (pre-renovation): 250 sq. meters (2500 sq. feet)•Purchase Price: 250,000 EUR (1,000 EUR/sq. meter)•Renovation Costs: 750 EUR/sq. meter (includes kitchen, appliances, quality furnishings)• Loan costs (during renovation and renting): 350 sq. meters (due to attic expansion)•Property Size (post-renovation): 350 sq. meters (due to attic expansion)•Post-Renovation Layout: 2 separate apartments•Airbnb Income (24 months): 2,500 EUR/month/apartment (= 5,000 EUR/month)• Other running costs: 600 EUR/month•Projected Sale Price (after 2-3 years): 850,000 EUR (approx. 2,500 EUR/sq. meter)•Closing Costs: Negligible in Tbilisi•Real Estate Agent’s Fee: Typically 3%, but negotiable based on who hires themFinancing Setup:•Property Purchase Financing: 100% bank financing at 5.9% interest (bank has even financed 150% to cover some renovation costs in the past)•Renovation Financing: Our friend is offering to finance 250,000 EUR in cash for the renovationsProposed Partnership Structure:•Work Involved (on our side): Full renovation (10-12 months to complete), furnishing, and property management through Airbnb until the sale (2-3 years)•Profit Split Proposal: 60% (us) / 40% (friend providing renovation financing)Questions for the Community:1.Does the proposed profit split (60/40) seem fair, given the work we would handle (renovation, furnishing, property management)?

9 September 2024 | 10 replies
The other air quality issues are mold, lead paint and rodent feces.

11 September 2024 | 18 replies
If the replacement included upgrading the fence significantly (for example, replacing it with more durable or higher-quality materials), it may be classified as an improvement.

8 September 2024 | 18 replies
The cost of furnish an average size house could be as low as $5,000, if you are smart and go with high quality used furnishings like John said.