
9 November 2024 | 5 replies
I think this would make sense in the long run for the rental property as it will extend the life of everything it touches like the Sink, faucets, showers, water heater, dishwasher, and Clothes washer while also providing clean drinking water in addition to the reverse osmosis drinking water system I already have installed.The main problem with this hardness level is that we get a major deposit buildup on all of these items, which will eventually clog up the faucets for tenants and lead to rusty shower enclosures that take forever to clean.In addition to this, it looks like we could likely have the salt added every couple of months by the property managers in addition to that it would allow for a quick inspection from them, and then also we would instead bill the cost of the service onto the ledger for the tenants.For reference, it does not look like the landlords in the area have water softeners.Thank you everyone for your input ahead of time.

11 November 2024 | 11 replies
Run the numbers on your cash flow and see if everything makes sense if you cash out refi.

10 November 2024 | 12 replies
I’m just trying to get a sense of how common this issue has become and how other STR hosts in urban areas are handling it.

9 November 2024 | 1 reply
It makes no sense to me that you would need to advertise nationally.

11 November 2024 | 16 replies
Your post also makes more sense if you are 38.
10 November 2024 | 19 replies
It makes no sense.

7 November 2024 | 7 replies
It all comes down to your goals and if it makes financial sense as to which direction to go

9 November 2024 | 6 replies
I’m not opposed to putting more down to increase cash flow also (COC return suffers of course and there’s an opportunity cost to having that trapped equity but it can make sense in certain scenarios).

8 November 2024 | 5 replies
If it’s worked out well so far being a landlord and you see opportunities to raise rents then holding on to the property might make sense.