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1 December 2024 | 9 replies
., must share certain attributes (bedrooms, bathroom, etc.).T3: Compare property typeIn "The Book on Flipping Houses" by J Scott, it mentioned about adjusting the value of the comps to ensures that they resemble the subject property as closely as possible.
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4 December 2024 | 3 replies
Perhaps you don't want your strategy to resemble that.1.
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15 December 2024 | 13 replies
I will likely be challenged to get a 1 to 1 return on adding the AC, adding an EV charger, converting a sound studio to an office, and furnishings.
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8 December 2024 | 7 replies
We ended up putting that on the backburner and using the typical Airbnb, Furnished Finder, Zillow, etc. routes to fill our units.
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5 December 2024 | 0 replies
Personally updated and furnished all units, increasing the income on the property.What was the outcome?
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3 December 2024 | 5 replies
I got 3 sellers leads out of 1 post and all are very different in their desires, but that is one of the themes I'm seeing. 1 seller even based his value off the Zestimate, and little does he know in the area, the zestimate is/resembles that of the ARV and NOT the current value.
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4 December 2024 | 9 replies
Hey Elizabeth - I'd factor in about $10k to get a padsplit up and running when it comes to furnishing which would include washer / dryer, additional fridge, bedding/desks, common area furnishings if you want to offer a little better experience.I'm only familiar with ATL - I think accounting for 1 move in / 1 move out per month is a good conservative assumption here.$8kish / year or so on routine and reactive maintenance combined which should include your cleanings, lawn care, maintenance calls ect. 12% per month of gross rents should be a good estimate if you want to look at it like that!
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26 November 2024 | 9 replies
Worst case is I can still rent them as furnished room rentals, or rent the whole house as a furnished rental Check your regulations before you give up.
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4 December 2024 | 3 replies
Go to furnished finder and airbnb to compare rents and determine your rate.
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6 December 2024 | 25 replies
Best way to find cohosting gigs is to look for properties that should be performing well based on their location and quality of furnishings or amenities but cannot seem to get good reviews.