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18 November 2024 | 12 replies
After I add the outdoor storage lot I would be around 9.5%.
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17 November 2024 | 33 replies
Besides what you've mentioned, here are a few additional common expenses to consider:Landscaping (especially if there’s grass or common outdoor areas)Pest control (sometimes needed for multi-family properties)Legal/accounting fees (for lease updates, tax filing, etc.)Vacancy reserves (for covering costs during turnover)I can assist in helping you find funding, LMK!
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5 December 2024 | 554 replies
I wonder if even 10% of the people using the environmental argument have changed all of their indoor and outdoor lighting systems to LED, are recycling water, have changed their water heaters to tankless, have installed solar, and are using water and energy efficient items in their houses?
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12 November 2024 | 1 reply
There is a billboard on site with lease in place. 2.5 acres total with outdoor parking and room for expansion.
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13 November 2024 | 6 replies
In regards to having a EV charger, Id seen a lot of people install the outdoor rated ones in their STR and it helps to draw the people that may be renting a EV during their trip.
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21 November 2024 | 305 replies
However, I've been searching for newer, cheaper value-adds to student rental properties and have found focusing on outdoor spaces can be a huge draw with much less of the cost of tearing out kitchens, baths, etc.
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11 November 2024 | 4 replies
If allowed by the city, grade gravel and fence it and then lease it as outdoor storage.
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9 November 2024 | 3 replies
Neither camera is capable of turning toward the house to view anything going on inside the residence.I am a remote landlord and wanted the cameras as a security measure to protect the exterior as well as monitor what goes on when outdoor vendors are at the property.
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12 November 2024 | 15 replies
For example, we finish the basements with indoor/outdoor carpet (instead of LVP, which makes it feel a lot more homey), because we know parents go nuts in the winter if they can't send the kids downstairs to pay - or have a space for the guys to watch the game on Sunday.
10 November 2024 | 13 replies
Even if the tenants are allergic, they can avoid that area for a short period of time, just like they would do in any outdoor space.