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27 January 2025 | 12 replies
@Rory DarcyRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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30 January 2025 | 7 replies
Quote from @Dawn Harris: We have a STR managed by a property management company.
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31 January 2025 | 3 replies
Just google all the property management companies in your area.
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3 February 2025 | 12 replies
We don't want to bring on every owner or every property unless they fit within our target market, so, I do the far majority of the sales - this is our check and balance.
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2 February 2025 | 14 replies
STR Property management is common and I know a lot of folks doing this.
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30 January 2025 | 8 replies
As a sole operator, you have all the policies and procedures in your head and can apply them to many properties without referring to a binder.
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5 February 2025 | 29 replies
The turnkey company then manages the property for the investor owner until the property gets sold eventually.
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1 February 2025 | 16 replies
@Jose Mejia I assume this property was purchased under an LLC.
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28 January 2025 | 16 replies
Now if and when there is ever a problem at the property , they will give a friendly call
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5 February 2025 | 5 replies
Also, what is the equity in the property?