
27 June 2024 | 1 reply
However, there are pros and cons to this approach:Pros:Streamlined Operations: Property managers can integrate their systems more efficiently, leading to potentially better management and guest experiences.Experience and Optimization: They might have established profiles with good ratings and reviews, which can help attract more bookings.Cons:Loss of Control: If you stop working with the property manager, you could lose access to the listing and the reviews associated with it.Dependency: Your business becomes more reliant on the property manager, which could be problematic if the relationship sours or if their service quality declines.As an experienced STR manager, you're already familiar with many aspects of managing rentals.

27 June 2024 | 4 replies
And I don't think they would do a quality job honestly.

29 June 2024 | 27 replies
Those in semi gloss look like what they are, poor quality knockoffs of the real thing.

27 June 2024 | 3 replies
What is the tenant quality?....

26 June 2024 | 16 replies
However, only do this if the property is below market quality and you are bringing it up to market quality.
28 June 2024 | 10 replies
This step should be done carefully, with legal advice, to minimize the risk of triggering the Due on Sale Clause.Monitor the Loan: Ensure timely mortgage payments to avoid drawing attention from the lender.Legal Support: Have an attorney review all documents and agreements to ensure compliance with local laws and mortgage terms.The Due on Sale Clause is a critical tool for lenders to protect their financial interests, manage risk, and maintain the quality of their loan portfolio.

26 June 2024 | 3 replies
We would never move anywhere where our safety would be a concern or where our quality of life would diminish outside of our preferred range.
26 June 2024 | 4 replies
Enhance your listings with high-quality photos, virtual tours, and detailed descriptions.Incentives: Offer move-in specials or discounts, such as the first month free or reduced security deposits, to attract tenants.3.

26 June 2024 | 1 reply
My business partner and I created Quality First Builders, LLC, to build new construction spec homes in the Triangle and surrounding areas.

27 June 2024 | 9 replies
This is a good idea and should be done during due diligence after you have the property under contract.There are some contractors that just work with investors and efficiently get the work done on fixer-uppers or flips in a timely and cost effective way.They may charge you for the estimate which is credited to any work you have done.A general contractor is not a replacement for a quality home inspector and the home inspector may find additional work that needs to be done so good to have them there on the same day if possible.Both results and estimates are useful in retrading or renegotiating after the due diligence.To your success!