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20 October 2024 | 8 replies
If your average heating bill is $150, you may not collect enough in the winter months when the bill reaches $225 but you'll collect extra in the summer when it drops to $65.
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19 October 2024 | 25 replies
The shortage exists for lots of reasons, but a lot has to do with lack of trades folks to do the work, which drives costs up, which creates "unaffordable" housing.
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17 October 2024 | 19 replies
Many bad renters will offer to pay extra up front as a means of avoiding your screening or skipping to the front of the line ahead of more-qualified applicants.
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19 October 2024 | 3 replies
Any list you can pull for a few bucks has already been hammered by hordes of investors before you.Not saying this way can't work, but I recommend a different path...I prefer to focus on sellers who have a reason to sell but who require some effort and skill to identify.My favorites are #TiredLandlords, namely owners who have filed an eviction lawsuit against their non-paying tenants.Many of these folks are through being in the rental business and are open to hearing about a way out.Even better, #TiredLandlords are ideal candidates for seller financing, since they don't need the sale proceeds to buy another house, PLUS they are already conditioned to receiving monthly payments over a period of time.
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20 October 2024 | 10 replies
Your thoughts on vacancy rates and rental rates for MTR's, specifically for 2/2 and 3/2's for healthcare or corporate folks in the area?
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18 October 2024 | 29 replies
Almost every host has experienced it, a high maintenance guest that you go the extra mile for and reports nothing wrong during the stay, but then posts a hyper critical review as if they are Gordon Ramsay reviewing a restaurant.I have always opted to just not post a reply, especially since we have over 50 great reviews on both sites.
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18 October 2024 | 11 replies
We have a 3 day minimum stay and I don't plan on changing that.When you require a 7 day minimum, you will limit the number of folks who can rent the place.
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21 October 2024 | 8 replies
Carlsbad DOES allow short-term rentals in the "Coastal Zone," which is where my dad's place is.Mentor's HomeMariposa, CA80-acre lot2000 sq ft 2/2 home (with an extra study and large living room)Worth approx. $750kThis is more of an emotional project for me.
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20 October 2024 | 17 replies
insurance companies are also charging extra to cover ice machines.
17 October 2024 | 15 replies
Likely not, but if you don't mind taking the risk and spending a little extra in taxes (from missing possible deductions or misunderstanding the law) then that's ok.