Heidi Kenefick
1031 exchange and depreciation recapture?
28 October 2024 | 34 replies
Currently I’m operating it as a STR, but I need a new cleaner and the quotes I’m getting are in some cases double my nightly rate, and the amount it grosses is only slightly more than what it will do as a LTR.
Francis A.
In fast-growing Phoenix, higher rents have pushed more people to their financial limi
30 October 2024 | 4 replies
Almost always, vacuum cleaners.
Trenton Brown
First time filling up a unit for property OOS
23 October 2024 | 7 replies
Tenants leave the 15th and I plan to patch holes that evening and paint + hire cleaner on the 16th and have new tenants move in the 17th.
James R.
Glut of STRs in Every Major Market. The Elephant in the Room.
28 October 2024 | 40 replies
Run the numbers, check for cleaners and handy people availability, see what you can find to outfit the place locally, etc etc.You can, even today, still score a deal and do well with a STR.
Young Yoo
Short term rental regulations in Door County
23 October 2024 | 1 reply
This is something that can be managed with the right dynamic pricing software.Question 2 - No the cleaner should be able to act as the Resident Agent as long as they are comfortable with the responsibility.Hope that helps!
Joseph Shuster
Negative Cashflow - STR
28 October 2024 | 46 replies
Can your cleaners handle more workload such as adding revenue generating packages?
Kyle Jacques
Looking for guidance on STR
24 October 2024 | 36 replies
You will need to get a photographer, easy to do, just call a realtor in the area and they will have contacts for that.You will need to get a new cleaner.
Cody M.
Commercial Car Lot
20 October 2024 | 2 replies
@Cody M.I would add a Phase I Environmental Site Assessment as a contingency to any offers on properties more susceptible to environmental issues (dry cleaners, gas stations, auto repair garages, etc.)
Lance Turner
LTR with an STR ADU
23 October 2024 | 28 replies
Transparency always wins.3)Make sure to have mattress and pillow protectors, top-notch cleaners that take pictures of every sheet as they lay it before guests get there, and consistent pest control.
David H.
Best 7 Day Minimum Stay Strategy.... Fri-Fri vs Sat-Sat vs Any 7 Day
18 October 2024 | 11 replies
Our cleaner says she has another house on the lake that does Fri-Fri and fills the whole summer...unfortunately (or fortunately) there aren't a lot of other STR large lake houses around for us to comp.