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Results (8,884+)
Tanya Maslach Getting an LLC?
8 October 2024 | 10 replies
They did not want to go to trial based on recent jury awards in my state.   
Michael Fucillo Feedback on Rentvine
7 October 2024 | 20 replies
I also did a trial of buildium and liked it, but I felt rentvine was a little more user friendly.  
Amanda Paugas Sober living house
8 October 2024 | 23 replies
They get free rent/all utilities paid and I pay mine a $500 month stipend after an initial 6 month trial period.
Sean Kirk Opinions / Advice on Brokerages That Provide Access to Instant Buyers?
3 October 2024 | 3 replies
Option A, we list at this price, Option B, if you want to sell at a discount today I have a list of cash buyers that will pay 60% of that price, Option C, if you will leave the existing financing in place and sell it Sub2, then some of those cash buyers will pay 70% of Option A, or some variation of that.I guess it depends on what city your are in. 
Meghan Begue Is Colorado's Multifamily Market Still a Good Bet for New Investors?
6 October 2024 | 12 replies
However, there are some challenges to keep in mind:Regulatory Variations: Regulations can vary widely between locations and are constantly evolving.Active Management: STRs require more hands-on management for guest turnover and communication.Additional Costs: Don’t forget about expenses for furnishings, cleaning, and possibly hiring a property manager.If you’re looking for STR-friendly areas, consider these locations, as others can be too expensive to consider, such as Snowmass Village or Aspen:Breckenridge: The most visited ski resort in North America, attracting around 3 million tourists each year.Steamboat Springs: A popular year-round destination for winter sports and summer activities.Keystone: Great for those wanting a less crowded resort experience.Divide & Florissant: Charming mountain towns close to Colorado Springs.Fairplay: Just 30 minutes south of Breckenridge, with an impressive 82% Airbnb occupancy rate.Cripple Creek: A former mining town now known for casinos and outdoor activities.Park County: Very Airbnb-friendly, though regulations may change.Here are some strategies to help you succeed in the STR market:Hybrid Model: Consider using some units for STRs and others for long-term rentals to balance income.Research Local Regulations: Always check the current rules in your target areas before investing.Year-Round Appeal: Focus on locations that attract visitors in all seasons.Quality Furnishings: Invest in quality to justify higher nightly rates and attract better guests.Dynamic Pricing: Use pricing strategies to maximize revenue during peak seasons while maintaining occupancy in the off-season.Stay Flexible: Be ready to adapt your strategy as the market and regulations change.While Colorado’s STR market offers exciting opportunities, it’s essential to approach it strategically.
Xiang J. Do you estimate ARV and check with cash out lender first?
2 October 2024 | 6 replies
You'll likely see variation (even within a zip code) based on condition even though all might be 3 bedroom 1 bath homes (as an example).
Tanya Maslach Help me analyze this deal
1 October 2024 | 6 replies
Creative financing can be quite powerful but it needs to be learned either from someone experienced or will be learned by trial and error.
Nicole Heasley Beitenman How do I analyze an STR deal with fluctuating seasonal rents?
2 October 2024 | 13 replies
It’s important to focus on annual cash flow rather than stressing over monthly variations.
Ryan A Shumaker Software for Syndication- Please Help!
1 October 2024 | 21 replies
I just had a demo of SyndicationPro & InvestNext - the immediate limit with Syndication Pro was my location outside of the USA.Going to trial (paid trial) InvestNext for a few months and will report back.
Joel Jean-Baptiste Sites like Brightinvestor.com, but cheaper
30 September 2024 | 1 reply
I was using Brightinvestor's free trial and found it very useful.