4 October 2024 | 26 replies
@Jill Hutsonthree reasons why apartments don't rent: Condition, Price, and Marketing, and a fourth can be the leasing agent, although I would tend to lump that into marketing.If the house is in good shape, and you're on all the platforms marketing it, then it's a function of price.There has been an oversupply of new inventory coming on line in many markets, and that's why rents have dropped in a lot of the metros.Unfortunately, it appears you have a pricing issue and you may have to start reducing the price, or throwing in some type of concessionGood luckGino
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2 October 2024 | 5 replies
The sheer volume of money and investment flowing in all the northern New England states over the past couple years is unheard of and created a highly competitive marketplace of rentals with investment that do not appear to be slowing down, even given the rental rate’s dropping double digits over the past couple years.
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2 October 2024 | 6 replies
Also - I'm dealing with an applicant right now who appears to live with a family member (same last name, listed as the landlord on her application) who was just served an eviction notice on September 14.
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2 October 2024 | 3 replies
STR is definitely not a rookie game right now, but your flow to success you have sounds way easier than it is in real life.
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3 October 2024 | 10 replies
Are they 100% necessary - no but make life easier.
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2 October 2024 | 5 replies
Actually, it is to my advantage to simplify, making ownership of my assets easier to file at tax time.
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2 October 2024 | 7 replies
Easier to be in a place that embraces it.Where are you thinking about buying?
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1 October 2024 | 11 replies
Austin or Houston will likely appreciate more over time, but those "smaller" towns will likely cash flow much easier and may be easier to come by.
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4 October 2024 | 13 replies
The owner/manager has final say on if the repairs are acceptable or not.Your PMC appears to have:1) Given incorrect directions & permissions2) Not gotten any indemnification protection for youRecommend getting them to take responsibility and start looking for a new PMC.
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1 October 2024 | 8 replies
From a pure numbers perspective, it appears to be a very good deal.