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6 June 2024 | 39 replies
Looks like they charged my guest 11.2% on my nightly fee + cleaning.
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7 June 2024 | 0 replies
I have managed my rentals on a very basic spreadsheet (poorly managed) and it is time to clean up my accounting and legal structures.Can anyone opine on a cheap and effective software for the accounting side of the business?
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7 June 2024 | 0 replies
We learned that even minimal investment, such as cleaning the mobile home and handling overgrown landscaping, can significantly boost the property's value.
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7 June 2024 | 8 replies
Does the current owner have a clean title for the MH?
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6 June 2024 | 9 replies
I'm looking to purchase my first short term rental in an expensive market and was wondering about how many people are able to manage their own properties even potentially clean, fix them.
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8 June 2024 | 1 reply
I've heard of mentees who started cleaning up construction areas on a flip at the end of each work day or picking up supplies at Home Depot and delivering them to the job site.
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7 June 2024 | 4 replies
Preserved for future generations as a way for the average income earner to build wealth over time and provide a clean, safe place to live for other people.We need more units constructed.
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6 June 2024 | 7 replies
It will be self managed, I will be near the unit (less than 5 mins away) to clean and take care of any issues.My numbers:Approx Value of Home $240-280kCurrent monthly cost / $860 mo (mortg,ins,tax)Utilities / $250. mo (elec,gas,water,trash,internet)Cost to run as AirbnbApprox monthly cost with STR insurance ($250/mo?)
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6 June 2024 | 5 replies
They're doing well enough to give up 20%-30% of gross and all of the cleaning fees?
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6 June 2024 | 5 replies
Depends on your state and I'm assuming you have the basic stuff about lease termination, eviction, etc.A few we like to add:- if you don't change filters, then tenants pay for a full duct cleaning- charge an admin fee for all HOA notifications, not just violations- Clear tenant responsibilities- Fees for adding or removing tenantsBest of luck!