
25 April 2024 | 93 replies
.$5500 income Minus $550 (10% for property management that coordinated cleaners, some maintenance, restocking, communicating with guests which I took over eventually because I was much better / more invested in it.)Minus $300 for bills (water elec cable / internet gas)Minus $100-150 for each clean Remember you have a 5 bedroom house and your 15 guests just spilled beer all over the place, dirtied the **** out of the kitchen and all the bathrooms, tracked dirt in the house, and maybe smoked weed inside And you have to strip all the beds and sheets and everything and remake everything / restock everythingThat’s a 3+ hour job for at least 2 cleanersNow you can find cleaners that are cheaper, but will they do a half *** job and hurt your ratings (this is common in volume Airbnb businesses), be able to show up consistently and on off times (Friday at 11 am and then also Sunday at 11 am).

22 April 2024 | 10 replies
If you only do one, you are cutting your possible leads by half.

22 April 2024 | 17 replies
Operate honestly even though it won't always be the easiest choice and that you won't always get that in return and you will have nothing to second guess or regret later.

22 April 2024 | 1 reply
They anticipate rate reductions starting as early as the second quarter of this year, bringing the federal funds rate to 4%-4.25% by the end of 2024 and further down to 3.0%-3.5% by the end of 2025.While a decrease of 1.0%-1.25% may not seem significant, it's poised to catalyze a mini-boom in the CRE industry, particularly in the latter half of this year.

22 April 2024 | 32 replies
I’m a section 8 investor half of those items do not comply, difficult to evict??
22 April 2024 | 6 replies
But you still have quite a bit of appreciation just on your half I would imagine.

23 April 2024 | 14 replies
The real intrinsic properties are the one in which their debt is half or below their rent revenue, anything tighter than that --it's truly cash flow negative.

21 April 2024 | 8 replies
After doing so, I decided not to invest, one of the easiest decisions of my investing life.

23 April 2024 | 31 replies
Though we are still over a month and a half away from our reservation date, we lost our entire deposit.

21 April 2024 | 3 replies
There is no half bath on the second floor where the bedrooms are and there really isn’t any space to add a second bath.