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18 June 2020 | 13 replies
Just have your offshore virtual assistant call them when you have issues, at $4/hour.I’ve never in my life placed a single call to Airbnb or HomeAway.
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1 July 2020 | 5 replies
Running a successful STR comes down to 3 Ps: pics, people & pricing.1) Decorate your house nicely & pay a professional photographer to take some amazing pics2) Hire amazing people - cleaners, handyman, recruit some neighbors to help fill in the gaps, & self-manage or hire an offshore VA to manage the property if you'd rather make yourself rich instead of making a local property manager rich (more on that here: https://www.biggerpockets.com/... )3) Price fiercely to maximize profits not occupancy (they're not the same thing)
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7 July 2020 | 19 replies
I've read around and my understanding is that some landlords leverage home warranties but some think that in addition to offshoring the headaches of work requests, they can also offshore some of the costs (including being billed the service call charge regardless of whether it was wear and tear or tenant-induced damage).
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9 July 2020 | 16 replies
I find that with a 50/50 arrangement, there's less of an argument as to who contributed more, and if you play you cards right, as everything is a gamble, you might even wind up ahead.I once did a rehab and flip deal with a local agent, who made it his business to find such deals.
13 July 2020 | 21 replies
@Randall Alan I own no propertiesl ive with my parents served 4 yrs in army I get 4k monthly for 100% disability my dad owns 3 business in Newark and philly area which I manage and earn 1k a week also I own 15 atms in the philly area which make me 11k a month(around 850 each or so) under my dads business so that money I don't make technically because there under he's business accounts finally I own 5 gambling machines which are legal in philly which make me 10k or so a month .
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24 July 2020 | 13 replies
The town was going through a lot of improvements and i (gambled) figured this was "the path of development."
16 July 2020 | 26 replies
While wealth does not necessarily equate to intelligence, there is still a logical explanation for why CA real estate prices are high - all these people cannot simply be gambling, right?
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19 July 2020 | 15 replies
And deal with payroll if you don't want to gamble with $0 salary.I spoken to my US accountant regarding the house flipping partnership, but he's not specializing in real estate, he's doing taxes for my other activities, so he couldn't give me a confident answer.
14 July 2020 | 2 replies
It was a gamble since it could have been very expensive is she refused to leave.