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10 June 2024 | 5 replies
Some smart water monitors can track usage, send notifications to your phone, and you can pair them with a smart valve on the main to kill water to the whole house when they detect a leak.
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7 June 2024 | 6 replies
I will soon have a three bed two bath SFR with a partially finished basement available to rent. Have been using the property as a traditional rental. I've been tossing around the idea of trying something new with the...
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8 June 2024 | 6 replies
It's an area I don't actively recommend STR as it does have usage limitations (duration restrictions between guests) but it's primarily a second home getaway and will transition to full time vacation rental down the line.
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7 June 2024 | 15 replies
I would skip this for sure.Agreed, it's not legal or proper to give out the names or phone numbers of your borrowers without their permission.There's absolutely nothing inappropriate or unseemly about offering up borrowers willing to share their lender experiences with another potential borrower.The private lending landscape is littered with scammers and bad actors.
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8 June 2024 | 8 replies
Currently we have a 78 year old property manager who makes 10% of the rent for doing everying....He is adverse to technology so sharing the work load with him through turbo tenant usage is not possible.
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7 June 2024 | 1 reply
Having a tenant will limit the usage for many prospects and likely make it difficult to schedule showings.
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11 June 2024 | 46 replies
The underlying architecture of these models makes them best for chatbots & translators (matching word meanings/uses across various languages and translating based on positional/usage probability).I understand in 10 years there might be an Ai that can do this, but right now, these tools are useless for achieving anything of substantial complexity (meaning anything from medium-large coding projects to properly valuing a home, or even calculating the proper $/sf avg in a zipcode), so I don't understand why you repeatedly advocate for their efficacy in this REI space?
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5 June 2024 | 6 replies
I am a small landlord and am wondering as well if getting rid of one or 2 water meters might be the only thing I could do, and then have the water account in my name so I can track usage?
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4 June 2024 | 2 replies
It depends on your goals and usage.
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3 June 2024 | 10 replies
Top question you need to get a feel for is what would you do with the capital if you sold (or if you did a cash-out refinance) - if you have a good investment idea / usage that exceeds owning the current rental - you should likely pull the trigger, if you don't have a good usage for that capital then probably sit tight