
4 October 2024 | 9 replies
Hi Erin, I work for a property management company in Milwaukee, Wi, and here are some thoughts to consider: Vacation rentals- Pros: Higher Income Potential due to tourists, Flexibility, Shorter Tenant CommitmentCons: Inconsistent Income depending on demand and time of year, More Management Required, Wear and Tear because of constant turnoverLong-term rentals- Pros: Stable Income, Lower Management Effort, Predictable Expenses, Less Wear and TearCons: Long-term commitment (this can be pro or con depending on the tenant), Market Dependence The choice between vacation rentals and long-term rentals largely depends on your financial goals, management capacity, and the property’s location.
4 October 2024 | 7 replies
While it is most common for SFH lawns to be tenant-responsibility, we are offering a weekly mowing service for $100/mo due to being such a large lot, if applicant/tenant so chooses.

2 October 2024 | 3 replies
It will also be good leverage for large-scale buyers against price with rising insurance because those same sellers may not be able to pay for new insurance premiums when they pop.

4 October 2024 | 10 replies
The customer always thinks they're right and they're used to dealing with customer service reps from large corporations like Amazon etc. and don't always understand the perspective of the host as an actual person.

3 October 2024 | 14 replies
Self-managing a large number of rentals becomes a full-time job.

4 October 2024 | 11 replies
Additionally, properties in these markets tend to appreciate in both value and rental income.The cash flow from a property will depend largely on your down payment.

2 October 2024 | 38 replies
We're several million homes short as it is and we're not even keeping up with the new household formations so that number is getting worse and not better.Now when you talk permitting and government, you're talking something completely different.

30 September 2024 | 4 replies
I use an RA and a llc formation company, which left my name off the documents.

2 October 2024 | 5 replies
Im about to close in on my first investment property, a large Single family home .

1 October 2024 | 1 reply
Can't decide which is better so I'd love to connect with anyone who has used one or both of these tools to figure out what they liked/disliked etc.Those two platforms are completely different from each other.I haven't used any of those two, however, I was a developmental controller at one point in my life and the construction team was using Procore as they were targeting large projects such as 100+ units groundup development.I believe BuilderTrend is made for remodelers and home builders.Right now, I am partnered up with someone to do construction and I am just handling all the financial side of things, currently using Monday and QBO to make it work.