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3 November 2024 | 4 replies
You can even set-up an in person meeting or go down in-person.
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3 November 2024 | 17 replies
My team hasn't set up any STRs in the Dominican Republic but we had acquired some STRs in Costa Rica which we had thought we're going to turn out well but we had a few issues to note:- Cashflow issues: Since we are basing our reservations on another currency we couldn't charge as much as we were hoping for. - Finding a Good Team: Since there is a language barrier in place it was much harder to communicate with any cleaning companies/property managers we found.
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5 November 2024 | 22 replies
Quote from @Karina Busch: Now that I know that Quartz/Granite is more affordable I will check into it for our next reno coming up, but laminate has been really durable for us in our last 2 personal homes as well.Also, you can set hot stuff on granite (at least briefly) whereas with a basic laminate you will leave marks...
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6 November 2024 | 17 replies
So, I would absolutely do one to start setting the expectation.
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2 November 2024 | 2 replies
Costs of set up of Trust, Costs to attorney to set up note, monthly costs to service the mortgage.Just my guess.My thoughts are if you have reached the level of a trade or business, then yes, these costs would be deductible.
5 November 2024 | 34 replies
We have newbies and very seasoned investors in the group and the sole purpose is to help people with their properties, whether that is sourcing & qualifying markets, set up, trouble shooting or building a network of go-to resources.
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4 November 2024 | 1 reply
The Alamo City is undergoing a transformation that's set to redefine its landscape and economy.
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3 November 2024 | 1 reply
Negotiations focused on a win-win approach, securing the property at $197,000, aligning with market value, while setting us up for a profitable resale with a trusted buyer on the same day.
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8 November 2024 | 38 replies
Looking into the STR market, i would suggest a couple things to include into your property search. 1) the STR market is very saturated here so look for something unique or offer unique amenities to your guests, this will help your property stand out 2) different set of rules for properties located within city limits vs without i.e. outside city limits doesn’t require a permit which the city is cracking down on the amount of STRs on any given street or neighborhood 3) HOA is a big deterrence as a lot of HOAs don’t want any rentals of less than 30 days so an in depth search into covenants and by laws would be doing your due diligence.
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4 November 2024 | 8 replies
If you set standards and stick with them, you'll catch shenanigans like this.The policy should be that every adult passes your screening, period.