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23 October 2024 | 28 replies
They prevent bedbugs from entering or escaping mattresses.Routine Inspections: Regularly check mattresses, bed frames, and furniture for signs of bedbugs (small black spots, eggs, or live bugs).Furniture Choice: Choose furniture with metal or plastic legs instead of wood, as bedbugs are less likely to infest non-porous surfaces.Bedbug Traps: Place bedbug traps under bedposts and other furniture legs to catch any potential bedbugs before they become a problem.Professional Cleaning: Schedule routine deep cleans between guest stays, and if you ever suspect bedbugs, hire a pest control professional immediately.Clear Guidelines: Educate your cleaning staff on how to spot bedbugs early, and encourage them to report any signs immediately.These steps will help you set up a smooth, well-managed STR that’s ready to generate revenue while maintaining a good relationship with your LTR tenants.
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21 October 2024 | 16 replies
Readers should seek professional advice.
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17 October 2024 | 4 replies
A qualified professional appraiser will generate a comprehensive analysis considering factors such as sales comparisons, highest and best use, market conditions, and income generated following Uniform Standards of Professional Appraisal Practice guidelines.
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18 October 2024 | 2 replies
Engage professionals to inspect major components such as the roof, plumbing (including sewer lines), foundation, drainage, electrical systems, HVAC, chillers, boilers, termites, exterior walls, balconies, stairs, rails, and concrete.
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18 October 2024 | 4 replies
Example of overcharges included* $300 for cleaning windows and cabinets after entire house was professionally cleaned* $80 to replace HVAC filter after entire HVAC system was replaced* $700 for a small list of punch items - 2 door stops, raking backyard, removing satellite dish in backyard and trimming bushesAfter terminating relationship, owner decided to send a termination charge for $450 (contract does stipulate it) - even though the company has not done squat and never placed a tenant and already charged so called 'set up' fee of $300..
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22 October 2024 | 23 replies
For many of you who are chasing what Stuart is saying, you are probably better suited to be an LP in a professionals syndication (being careful to vet them of course), than to set out to become the GP.
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17 October 2024 | 7 replies
Also, would you suggest using professional firms to do the hiring process or should I do on my own to save money?
17 October 2024 | 6 replies
Network with active investors or seek representation from service professionals where fees aren’t tied to the completion of transactions.
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17 October 2024 | 12 replies
These are professionals with additional training and a stricter code of ethics.
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16 October 2024 | 7 replies
I am a (newly licensed) Real Estate Professional.