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1 January 2025 | 3 replies
STR management is 20-25% (I would recommend self managing or getting a VA), since income is higher you could probably get away with 5% for maintenance / cap ex but remember you need to cover utilities and cleaning for these units which drives up costs.
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30 December 2024 | 5 replies
I feel like it's a space where great operators can really clean up, since the bar is set really low, in my experience at least.
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3 January 2025 | 11 replies
That said there are some nuances and requirements to property implement interest tracing so ensure you talk to your tax professional ahead of time and keep the funds movement as clean as possible.
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9 January 2025 | 14 replies
On 1/2 price days I spend $250 and get nice clean clothes only with retail value of around $2,000.
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31 December 2024 | 4 replies
What I'm planning: buy and hold the property, brush and clean it up with intent to hold until cost of funds drops a little in 4-6 months.
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26 December 2024 | 9 replies
With the exception of 1 bedroom units, you basically have 2 options:-Oversized/commercial machines (potentially multiple sets)-Off site cleaning with clean spares on siteThe latter is almost always the most efficient and basically what hotels do at scale.
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1 January 2025 | 11 replies
He recommended we do some work to move the outflow from nearby downspouts further away and then clean/reseal the interior wall.
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24 January 2025 | 36 replies
It'll need some trim and paint on the inside as well as some cleaning and minor touch-up, so I wouldn't consider it far off from being rent ready.I am interviewing property managers now and trying to ask all the right questions.Thank you for sending over those articles.
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1 January 2025 | 22 replies
Most blinds are tough and time consuming to clean, prone to breakage/creases, strings break and get stained etc.