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25 January 2025 | 8 replies
Whether it's optimizing listings on OTAs, leveraging social media, running targeted ads, or using dynamic pricing tools—I'd love to hear what’s working for you.Some strategies I’ve been exploring include: Enhancing property listings with professional experience photography and compelling descriptions, leveraging Instagram and Facebook ads to attract more direct bookings, and utilizing email marketing to engage past guests.What’s been a game-changer for your vacation rental business?
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29 January 2025 | 3 replies
Properties like the Michigan complex offer a unique entry point, combining cash flow and significant upside potential.Immediate Cash FlowThis particular property is projected to deliver 6% annual cash flow from day one, already exceeding the yield of Treasuries.Value-Add RenovationsThe property includes hundreds of units that can be upgraded to Class A finishes, justifying rent increases.
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1 February 2025 | 5 replies
There are a good amount of investors on here who could take down (including myself) a portfolio of rentals
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9 January 2025 | 46 replies
This is a big one this disclosure must also be in all advertising of the wholesaler including SM.
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30 January 2025 | 2 replies
We simply include the tax on the invoice sent to guests, which makes it easier to track and ensures we're covered for tax purposes at the end of the year.For Chicago, I’d recommend checking directly with the city’s tax office or a CPA, but generally, you’ll need to register with the city, collect the hotel tax from guests, and remit it on a regular schedule (likely monthly or quarterly).
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7 February 2025 | 6 replies
I am particularly interested in turnkey properties and single-family rentals, but I am also open to exploring other options, including duplexes and different investment strategies.
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5 February 2025 | 1 reply
Upgrades included modernizing interiors, updating plumbing and electrical, and enhancing curb appeal.
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5 February 2025 | 0 replies
The renovation process included modernizing outdated features, updating plumbing and electrical systems, and enhancing curb appeal.
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5 February 2025 | 0 replies
My primary goal is to find the most cost-effective solution that minimizes tax liabilities, including avoiding property tax reassessment and maximizing the step-up in cost basis.
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31 January 2025 | 27 replies
There are clear winners in types of photos that should be included in your listing, along with examples of listings I believe achieve this.