
7 June 2024 | 0 replies
I have managed my rentals on a very basic spreadsheet (poorly managed) and it is time to clean up my accounting and legal structures.Can anyone opine on a cheap and effective software for the accounting side of the business?

7 June 2024 | 0 replies
We learned that even minimal investment, such as cleaning the mobile home and handling overgrown landscaping, can significantly boost the property's value.

6 June 2024 | 2 replies
You will need to run power from the last pole to the power pole beside the trailer.

7 June 2024 | 8 replies
Does the current owner have a clean title for the MH?

8 June 2024 | 1 reply
I've heard of mentees who started cleaning up construction areas on a flip at the end of each work day or picking up supplies at Home Depot and delivering them to the job site.

6 June 2024 | 9 replies
I'm looking to purchase my first short term rental in an expensive market and was wondering about how many people are able to manage their own properties even potentially clean, fix them.

6 June 2024 | 5 replies
switch the zoning or rezone to hotel or a permitted grandfathered zoning instead of looking for the license go bigger and get it permanent not just one unit. loophole but very powerful how a lot of condo development is moving forward in miami they are hotels technically

6 June 2024 | 9 replies
The paint rubs off, turns brown, you can't clean it without rubbing it off, etc.
8 June 2024 | 40 replies
There's oddly a lot of This is very true, with this large amount of capital, need to think big like NFL player level.I read financial proforma of class B hotel in Maui, it's pretty darn good, in fact it's perhaps the top ten best performing hotel in US in term of vacancy and RevPAR.STR and stuff like that is more for small investor like us with half to 1 mil buying power, but when it is above 5% you really need to talk to some serious developer/realtor in the island and understand the business.If I have that size of capital I would import contractor from California to finish my project in Kukio LOL Currently in kona there're only few new construction that can still being built, I guess it is selling for 1.5mil and above.

6 June 2024 | 7 replies
It will be self managed, I will be near the unit (less than 5 mins away) to clean and take care of any issues.My numbers:Approx Value of Home $240-280kCurrent monthly cost / $860 mo (mortg,ins,tax)Utilities / $250. mo (elec,gas,water,trash,internet)Cost to run as AirbnbApprox monthly cost with STR insurance ($250/mo?)