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17 January 2025 | 6 replies
@Tiffani HollisFor a long-term rental, I’d avoid used dishwashers entirely—repair costs and reliability issues often outweigh the savings.
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18 January 2025 | 8 replies
But I would charge the extra 3% to cover my costs.
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4 January 2025 | 26 replies
I absolutely agree with manually checking the competitions pricing.
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30 January 2025 | 5 replies
Purchasing a “distressed” property and “repositioning” it requires significant capital for improvements, build outs, holding costs, maintenance.In looking for that “needle in a haystack” slam dunk great deal you’re competing with very knowledgable, greatly experienced investors with the cash to make no contingency offers and close in a few days.
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24 January 2025 | 3 replies
I am in this camp myself, as I do this full time.I agree with your point about focusing on long-term sustainability rather than chasing maximum rental income at the cost of increased tenant turnover or property damage.
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27 January 2025 | 6 replies
It’s better to spend a little now than risk costly mistakes later.
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22 January 2025 | 4 replies
If you sell your property, the tax basis (original cost) of the property for the giver becomes the tax basis for the recipient.
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17 January 2025 | 6 replies
These platforms typically have billing policies where you pay a per unit fee per month to the software and you get regular updates and support each month.There are a number of low-cost platforms available that are able to offer you a lower price by passing along some of the costs to your tenants (payment processing fees, applications, tenant screening, etc).
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7 January 2025 | 1 reply
With fluctuating interest rates, tighter lending criteria, and increased competition for properties, securing the right financing has become a key factor in closing deals and maximizing ROI.Are you exploring creative options like BRRRR, partnerships, or seller financing?
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8 January 2025 | 14 replies
Some say it increases bookings, while others mention concerns about damage and additional cleaning costs.