6 February 2025 | 6 replies
, clear laminated instructions inside the unit, etc.Also very important to consider scale--if you are planning to have several STR's in the same area, then it's wise for you to invest time now to build your team there and manage the place without a co-host.
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3 February 2025 | 31 replies
Property managers don’t pay for problems.
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5 February 2025 | 5 replies
Sounds like you’ve got a solid foundation with your GC and project management experience.
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5 February 2025 | 1 reply
I will be here for 6 months to a year and looking to continue hands on support/experience.I am a construction manager and have a lot of background in contractor management, site scheduling, and quality control.
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27 January 2025 | 5 replies
I am looking to connect with the investors there as the promotors are continuing to take Asset Management fees to the tune of $450K a year (on top of PM fees) even when their payout to the investors is around $20K a quarter (not meeting preferred) and the overall fund is negative about $450K.
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1 February 2025 | 3 replies
It makes lead management way more efficient since they get to focus on people who actually want to do business.
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6 February 2025 | 30 replies
Quote from @Jeff Roth: Hi Lina from Texas-Congratulations on your interest in investing in mid-term rentals and you are wondering how and where to get started.I get this question frequently from investors.Sometimes and investor is looking to keep their property cashflow positive as insurance and taxes have squeezed cashflow by turning units into mid-term or short-term rentals.First off, ideally, the property will cashflow as a long-term rental should something disrupt the mid-term rental model.You will also want to have the property be near where there would be a demand for mid-term rentals (hospitals, universities, research centers).Monthly rents for mid-term rentals are about 20% (+/-) higher than unfurnished similar long-term rentals.There are property managers that will manage mid-term rentals for you and I always advise my clients to use property managers to keep their investment as passive as possible and for compliance issues related to Fair Housing Laws and local regulations.To Your Success!
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29 January 2025 | 1 reply
Use Series LLC to handle management activities, including collecting rent and signing leases.
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6 February 2025 | 0 replies
I was wondering how people managed to scale their businesses faster.
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30 January 2025 | 4 replies
From there, you have to decide whether you want to be a landlord or hire a property manager.