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22 September 2024 | 1 reply
AirDNA (I always check multiple places) says this property could make a $500 average daily rate (ADR), with 65% occupancy as a basis.I pulled up the new BiggerPockets STR calculator spreadsheet and realized this might be a winner.After entering all of my research numbers, it shows a potential CoC of 12.49%, a monthly profit of $14,385, and expenses of $12,442 (even with a 15% management fee).
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24 September 2024 | 6 replies
.”• I pay all the costs – things like Real Estate Commission - Title Insurance - Escrow Fees - Transfer Tax -Termite Clearance - Roof Certification – the list goes on and on..• And I buy them in an “as is” condition.
20 September 2024 | 13 replies
This is what i have for closing costs. i think the only thing i can actually save on is the "discount fee".
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24 September 2024 | 27 replies
Fee will be about $5.00 per truckload.
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20 September 2024 | 9 replies
You can always get a license and put it referral meaning you're not active, but are referring business to agents and collect a fee.
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27 September 2024 | 66 replies
Thanks to my W2 career I am comfortable with being house rich, cash poor for now atleast so we will see how this all shakes out 10, 20 years from now.One thing that is true is that property management fees on STRs are an absolute profit killer, and honestly it hurts my soul, but I have to remind myself of the opportunity cost of time saved by doing this, which in-turn allows me to focus on other income generating projects.
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20 September 2024 | 31 replies
This time of year in Denver you'll also pay a "dewinterization fee", typically $250.
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22 September 2024 | 7 replies
The rent is $2345+$50 pet fee excluding utilities.
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17 September 2024 | 14 replies
Each reservation comes with a $35 per stay fee, and guest fees to use the amenities.
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16 September 2024 | 6 replies
The brokerage offers an appealing Flat Fee 100% commission program.