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11 April 2023 | 11 replies
Great question @Paul WolfsonHere is mine for a 3/3 smokies marketWater(well - monthly maintenance of water softener/ purification) 50Electric - 250 averagePest control - 50Comcast 1 gig internet - 125Cleaning - 150 per turnlandscaping - 50Property Taxes - 50Insurance - 145Price labs - 20Hospitable - 25QuickBooks - 30Touchstay - 100/yrUpdated photos 1000 twice per yearSupplies included with cleaningsBudget for misc. legal, property decor updates, minor damages, and other things throughout the year.
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2 October 2023 | 12 replies
One thing I would suggest is to use very modern decor!
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13 November 2023 | 14 replies
You'll invest much more on updating to create the type of design and decor+amenities that will demand the highest nightly rates, but I'm looking for smaller places only when I can't find larger place with minimal STR regulations/restrictions.For example, the 7 bedroom I found would gross my client over $80k per year once fully ramped.
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13 November 2023 | 5 replies
Please let me know your thoughts on this:"Newly renovated and immaculately decorated, this stunning 3rd floor apartment in a converted attic space has some quirks we’d like you to be aware of before you book.
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31 October 2023 | 1 reply
There are many activities that qualify for that time spent: collecting rent, bookkeeping, advertising, maintaining legal compliance, safety reviews, inspections, decorating, tenant approval, contractor supervision, obtaining insurance, paying taxes, and actual hands-on maintenance such as painting, mowing, weed pulling, changing air filters, all count.
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1 September 2023 | 12 replies
Include costs for furniture, decor, and maintenance.Insurance: You may need specialized insurance for short-term rentals, including liability coverage.Marketing and Listing Fees: Account for expenses related to listing your property on platforms like Airbnb.Guest Amenities: Think about providing amenities like toiletries, linens, and kitchen supplies.Regulations and Taxes: Research local regulations and taxes applicable to short-term rentals in your area.Consider Market Demand: Ensure there's consistent demand in your area for short-term rentals.
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29 September 2018 | 17 replies
Since the guy put down the deposit all by himself, hes concerned that shes going to do things that will make his deposit disappear so he tells her not to hang things on the buy stuff to decorate etc.. she mentioned that she might have a hard time paying the rent if he leaves.
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14 November 2023 | 16 replies
Create cool features/or unique decor that don't cost a lot but makes the property standout from other similar places in the area3.
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27 November 2023 | 9 replies
One slick move is going for a chill decor scheme that's both classy and appeals to pretty much everyone.Think basic with colors like whites, grays, and beige, and get some solid, neutral-colored furniture.