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9 September 2024 | 9 replies
Since she's by far my biggest headache her rent in going to market come January.
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12 September 2024 | 59 replies
Utilities are the biggest expense, we have also had a few people not pay for a month and then leave, I have been working with the manager to evict people sooner for non payment but he gets taken advantage of and doesn't lay down the law well.
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7 September 2024 | 3 replies
How come more landlords and flippers aren't recording evictions and posting to YouTube to generate revenue?
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9 September 2024 | 14 replies
You'll have difficulty selling it and breaking even with disclosed leaks.OPTION 1hold on with long term rental strategyOPTION 2Increase your revenue with 1 furnished MTR for the medical groups.
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9 September 2024 | 9 replies
Hi Cliff,Here are some things to consider:Liability Protection: One of the biggest perks of having an LLC is that it helps protect your personal assets.
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10 September 2024 | 21 replies
The biggest thing for you is to do you research on where you should invest and know the city/state by heart.
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6 September 2024 | 13 replies
Here's what we currently cover in our report:- Market Overview: Insights into rental demand and average overall revenue.- Detailed City Stats: Includes ADR (Average Daily Rate), OCC (Occupancy Rate), and revenue by bedroom count across different zip codes, top performers for that zip and what luxury properties are earning.- Target Guest Persona: Developed based on guest traffic and behaviors, two most common guest types that travel to this market and what their likes and dislikes are.- Guest Feedback Analysis: Derived from guest reviews to pinpoint strengths and areas for improvement.- Amenities Overview: Shares % of most sought after amenities in each market- Design Trends: Trends observed in top-performing properties.- Top Property Links: Direct links to benchmark against leading properties in each marketLooking forward to your thoughts and suggestions!
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8 September 2024 | 15 replies
I also appreciated @Scott Mac's perspective regarding liability and accepting commission as that could be a slippery slope.Ultimately on 50 units, you're talking about $250 per month revenue.
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5 September 2024 | 35 replies
I am betting that those with the biggest regrets are those that bought at the wrong time expecting COVID level occupancy was normal and those that didn't take the time to learn what it takes to run a successful STR.
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8 September 2024 | 29 replies
How about the biggest scams come from the biggest crooks!