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2 October 2024 | 17 replies
Property Management team would do all that and charge 8-10%, which would be $3158.40-3948.
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3 October 2024 | 14 replies
Having a solid team around you like agent, lender etc.
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2 October 2024 | 16 replies
10% is probably a little steep, and like John said, a flat fee may be more reasonable.Setting up a proper STR is not cheap, but once you are set up properly, you deal with routine breakage.I recommend managing yourself and saving the 20% personally, getting a rockstar cleaning team and a reliable handy person, using something like Hospitable that can help automate messaging when listing, and reading the book from the bookstore here called Short-Term Rental, Long-Term Wealth.
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4 October 2024 | 10 replies
We have a dedicated leasing team that leases all our properties with extensive background checks to find the right tenant not just the first.
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1 October 2024 | 3 replies
Recommendations might be different based on your plan, budget, local team etc...
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3 October 2024 | 0 replies
Don’t have a team of editors, yet.** The preceding has been my opinion only, the views are my own, and are intended for educational and entertainment purposes only and do not constitute financial advice.
27 September 2024 | 6 replies
I have listened to many podcasts, networked quite a bit, and read a ton of articles - but at this point I am just overwhelmed/lost with what is the best route to go down today with the way the market is to cash flow because there are so many creative ideas out there.
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30 September 2024 | 12 replies
And the cost to mitigate was over 1 mil.. so we just had to fence it off and we lost I think3 or 4 lots but did not have to do the work.. lot values at the time ( late 80s) were 125k each but we did not have to run utls which was 30k each ..
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29 September 2024 | 3 replies
If the renter leaves, do I have any way of recouping the lost rent due to this issue since it's a month to month setup?