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14 January 2025 | 27 replies
They also, last minute, changed an 8 bed Fourplex to a 6 bed.
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10 January 2025 | 14 replies
The comps we've been looking at are these:https://www.airbnb.com/rooms/4... (1 bed/1.5 bath, 104.5k revenue)https://www.airbnb.com/rooms/4... 3 bed/2 bath, 124.9k revenue)https://www.airbnb.com/rooms/5... (3 bed/2 bath, 113.3k revenue)We've been working with a local builder to pre-plan, and estimate costs.
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4 February 2025 | 24 replies
And my new MTR tenant demanded the beds get maid and there was no hangers in the closest.. my last tenants must have stolen them.. then they wanted stuff moved from the garage which I told them thats enough I will give you your deposit back and you can go find another fully furnished home in Vegas I am not doing anything else.. they backed down but I know they are going to be whinny this after the last 6 or 7 tenants never heard a peep.. properties needed just light cleaning at turnover etc.. so some good with some bad it happens.
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20 January 2025 | 37 replies
Quote from @Jed Butikofer: Quote from @Jonathan Greene:If you aren't house hacking, multifamily deals should be profitable (maybe not in CA).When I review markets I have lived in, I see 2 bed duplexes for $500k-$700k while only generating $1,400 each in monthly rent.
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27 January 2025 | 56 replies
So I am sure they don't want pesky DTR operators stealing their bed and food and alcohol revenue.
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16 January 2025 | 6 replies
Personally, I bought a 3 bed single family home soon after starting my job and had two friends from college rent which covered my mortgage plus a little extra.
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9 January 2025 | 10 replies
Quote from @Conte Cuttino: Property is in C+ area but in a different School district that’s B-If I sale I’ll get 30k profit after 9 months.If I keep as a Long term rental I’ll have to convert the garage into a illegal 1 bed cottage at an additional cost of $35k leaving a total of $107k left in this deal after 70% refi and closing cost.
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10 January 2025 | 4 replies
Make sure any lease agreement you use complies with Arizona's landlord-tenant laws, including required disclosures (like bed bug information, for example).If you're unsure, consulting with a local real estate attorney to review the agreement can provide peace of mind and ensure you're fully protected.
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19 January 2025 | 41 replies
Stealing stuff out of an Airbnb is similar to unloading the TV, bed and mini fridge from the Marriot.
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12 January 2025 | 8 replies
If it is then it is a valid comparison.If it is a 2 bed 2 bath condo, then make sure you look at those comps and not the hotel.