I spend roughly $120k on my renovations, but this is for the entire property and developing the secondary suite which certainly costs more (2 new furnaces, all new plumbing, new kitchens and bathrooms with tiled floors and showers).All said and done, I personally love it.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

Troy helped me identify properties with strong short-term rental potential, and when we found this home in Palm Harbor, we moved quickly to make a competitive offer.

why not develop something more proven like hotel on portions of it and make this a larger development and carve out pieces?

thanks for helping justify my decision to stay with Stessa.  

I have it narrowed down to two agents, one has more general experience in the area and are part of a large organization.  

I would guess an older home might be more cost to insure?

Now, I’m rebuilding my portfolio while continuing to help others buy and sell homes.

Rents started to come down and I had to leave a lot more money in projects that I was in the middle of.  

Or is it more than that and not something to be done without development experience?