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12 August 2024 | 25 replies
As always, you get what you pay for, and the services of a good Realtor is worth the extra few %.
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10 August 2024 | 8 replies
Here is what I proposed:Setup fees : Administration Setup:One Time Fee: $400Guidebook: Using professional photos give the guests a professional tour of the house and how the home works (Wifi passwords // How to use grill // How to use propane fireplace // Hot tub instructions // Sauna instructions //Check in and check out instructions //where extras may be storedOTA (Online Travel Agency) setups: taking professional photos and actively updating your listing on popular platforms;PMS (Property Management System) Setup Smart Pricing Set upWebsite integrationOther (furniture arrangement / design / décor shopping and set up) $50 per hour· Placement fees · Marketing Cost: Variable depending on needs/wants for marketingFacebook AdsGoogle Ads Cleaners: Set up procedures/take pics of expectations· Management fee—30%Guest communicationCleaner communicationSetting Rental rateDealing with small maintenance issuesBooking CoordinationSmart Lock integrationKeeping supplies stocked (TP, paper towel, all cleaning products, coffee, filters, creamer, sugars, teas,)(Receipts would be submitted on a monthly basis for either reimbursement or book keeping purposes)Encouraging guests to leave good reviews by periodically checking in, providing a review template, and ensuring guests receive the amenities they are looking forContinued marketingMajor Maintenance fees—OwnerCleaning and laundry services fees: Cleaning fee to the guest depending on how cleaner wants to charge
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15 August 2024 | 29 replies
Personal guarantees add an extra level of commitment from the borrower.
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10 August 2024 | 2 replies
My thought was could I get it under contract and then market it to be sold and at the closing i would just pay them what we agreed upon and i keep the extra.
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11 August 2024 | 10 replies
I pay an extra $100 a month on them and in 2 years one will be paid off and I will only have 1 left.
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15 August 2024 | 86 replies
Evictions usually take an extra two weeks to fix up due to property condition.
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13 August 2024 | 14 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
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10 August 2024 | 1 reply
These extra payments will only impact the finances for the duration of the mortgage, which is five years.Any assistance in analyzing and understanding this would be greatly appreciated.
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10 August 2024 | 18 replies
Make sure you have extra keys.You could check on insurance with your STR insurance provider.
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10 August 2024 | 5 replies
If you were to move more towards a luxury rental you could likely get $600/month extra but your entry price would then be around $425K.