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8 April 2024 | 2 replies
Do I have to disclose to buyers that this was a marijuana grow house in the past even though everything has been cleaned up and there is no mold?
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9 April 2024 | 12 replies
Then, look at any updates that might bring in MORE or HIGHER rents, such as kitchen, baths, fresh paint, clean floors (carpet or hard surfaces), ceiling fans, window AC units, etc.
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9 April 2024 | 6 replies
This has been a journey for me and just want to make sure to stick with it and sort of clean up my portfolio for the better so we can see positive cash flow.
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9 April 2024 | 11 replies
In that life cycle are costs like:down paymentclosing costsholding costsDeposit to contractor doing the work (rehab money is for completed work only)You'll pay utilitiesinsurance costsPrep to sell costs like staging, a deep cleaning, etcThe cheapest life cycles I see are around 25k.
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9 April 2024 | 15 replies
- upping your max # of guests somehow- "no cleaning fee" & upping the nightly rate accordingly CAN be a big driver of bookings in some markets- having your listing/pics done professionally (by someone who specializes in STRs)- a great outdoor area- if you wanna spend $, i'm seeing lots of people adding pickle ball courts & more stuff to do outside like that - having a car there that they can rent on turo for cheaper than the rental cars from the airport
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8 April 2024 | 20 replies
I don't think most tenants would do a good job of keeping the door clean.
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9 April 2024 | 13 replies
It forces people to stay organized.Chores - we had a cleaning schedule where we would rotate each week what had to be done.
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8 April 2024 | 9 replies
If you're not overpricing yourself relative to the competition, and the unit is nice (clean, in good shape, etc.), then the only thing left it could be is your marketing.
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8 April 2024 | 21 replies
There are more moving parts between cleanings, reviews, keeping inventory of a furnished place, bookings, new people every few days, people not understanding the difference between an airbnb and hotel etc.
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8 April 2024 | 21 replies
You may not be able to back out of contract to save your escrow deposit and I’m no lawyer, but if you’re doing inspection and it’s totally jacked up and it can potentially clean out your account and portfolio.