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13 July 2024 | 6 replies
It’s all up to the level of risk you want to take and your comfort level.
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10 July 2024 | 0 replies
Updating all the mechanicals, refinishing the wood flooring, adding a 1/2 bath, flipping the kitchen from the existing kitchen into the dining room to make it more usable, updating the full bath, and adding a garage as well as painting throughout.
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12 July 2024 | 8 replies
If you're not comfortable with the process, spend some time finding a qualified attorney who can handle it for you.
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13 July 2024 | 21 replies
(If first support agent doesn't understand or says no, call again until you get someone who can help or give you a sufficient answer)If you're comfortable sharing your VRBO listing, lots of folks here are happy to offer tips and feedback to help improve your listings performance.Check out this thread about How to increase VRBO rankingsGood luck!
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12 July 2024 | 2 replies
Is that enough spread to be comfortable?
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10 July 2024 | 7 replies
If you are expecting this person to go out and source the items and then place them in the unit that involves a lot of work, designer time, and designer energy.One way to get yourself on boarded with a designer would be to make some phone calls and see if they have openings for new clients as far as spending the time needed, because in our business time is money vs a family having their living room dining room and entry hall redecorated, where time is not probably of the essence.
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12 July 2024 | 5 replies
Assess if you have enough time for tasks like tenant screening and maintenance.Expertise: Professional managers know landlord-tenant laws and property maintenance best practices.Cost vs. benefit: Weigh management fees against potential savings and efficiencies professionals might offer.Property location: Distance from your home to the property matters.Number of units: More properties increase management complexity.Stress tolerance: Consider your comfort level with tenant interactions and problem-solving.Long-term goals: Professional management can free you to focus on expanding your real estate portfolio.
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12 July 2024 | 23 replies
I feel like renting out multifamily is what I may be looking for with this, if done right can give me cash flow, I can hire a property manager at some point and I am friends with a lot of home improvement companies, and I could either use some money I have saved up to put a down payment or home equity loan for some % I am comfortable with and pay both off as fast as I can and repeat.
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12 July 2024 | 4 replies
I would recommend only using a short or mid-term rental house hack for a 2-4 unit property or a house with a detached ADU for your security and the comfort of the guests, which will make it more profitable.
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12 July 2024 | 12 replies
Seeing as we are in Idaho on Lake Coeur d'Alene it is pretty easy to create comfortable and homey space.