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8 January 2025 | 4 replies
Feel free to shoot me some high level particulars and I can keep you anonymous.
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11 January 2025 | 20 replies
Exclude any units that are out of your league and focus on similar comps.
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9 January 2025 | 18 replies
Supplement this far simpler entity approach by ensuring you have appropriate types and levels of insurance, you operate your business in a manner in which your conduct is not considered an exclusion in your policy, you work with licensed and insured vendors, you execute contracts with indemnification clauses with these same vendors/ require additional insured status & maintain appropriate licensing and permits.
3 January 2025 | 4 replies
While rates may not decrease, the significant double-digit increases should level off.
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12 January 2025 | 10 replies
Nightly rates and estimated revenue based on all the other units in the area?
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12 January 2025 | 8 replies
Josh, we are currently looking at SFH and MFH with 2-4 units.
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5 January 2025 | 17 replies
dont over think this its not that complicated. important issues are.1. cost of capital2. knowing what a deal is or is not.3. good reno crew or contractor 4. good agent that will tell you straight what its worth when done and what level you should rehab to.5. a market that is actually moving napkin math works trying to drill down to decimal points does not.
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5 January 2025 | 5 replies
You will also need different levels of staffing to support the various strategies as you are already realizing.
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7 January 2025 | 3 replies
If you only have one LLC and don’t need entity tracking, you could get a lower subscription and categorize your properties as ‘customers’, then units and tenants would be sub-customers.Simple Start would allow you to invoice your tenants (if desired through QBO) and produce basic reports.
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8 January 2025 | 38 replies
Without electric you can not heat the unit.