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26 January 2025 | 48 replies
We have over 10,000 nightly stays per year so its hundreds of guests at any given time and yes we have PMS and automation systems in place as well as a VA but even with all that being a host is tough.
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13 January 2025 | 17 replies
You said public water was available...would the lots require a septic system to be installed or is public sewer available?
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15 January 2025 | 5 replies
If the RV is not permanently affixed and retains mobility, it is considered personal property and depreciated over 5 years under the Modified Accelerated Cost Recovery System (MACRS).
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18 January 2025 | 12 replies
- Highly unlikely you'll be able to get separate water meters installed and submeter system probably too expensive for this few of units. - So, that leaves electric & gas.
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24 January 2025 | 0 replies
Typical renovations include:Cosmetic Updates: Painting, flooring, kitchen and bathroom upgrades, and landscaping.Structural Repairs: Fixing any underlying issues such as foundation repairs, plumbing, or electrical updates.Efficiency Improvements: Adding energy-efficient windows, new HVAC systems, and better insulation to increase the property's overall value.The goal of the rehab phase is to increase the property’s market value while making it an attractive place for tenants.
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22 January 2025 | 9 replies
Once you’ve built some confidence and systems, you can start exploring additional markets.I personally focus on 2 markets that are about 20 mile radius.Make sure the market(s) you choose align with your investing goals, whether that’s cash flow, appreciation, or both.
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13 January 2025 | 10 replies
However, its downfall (and really what makes it so easy) is that it is a single-entry system.
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4 February 2025 | 87 replies
I already have the knowledge, experience, and systems in place to do about 20 properties this year.
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6 February 2025 | 13 replies
A good company will have you fill out some easy online paperwork asking you some details about the doors, and they can get you transitioned into their system in 1-2 days, including reviewing your leases and notifying tenants about the change in management.
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12 January 2025 | 2 replies
The second you are introducing metrics to change your marketing that have nothing to do with generating the leads you need, you introduce uncertainty to your systems.