
28 June 2024 | 100 replies
But even with the best operators, this is investing.

27 June 2024 | 14 replies
I'd also suggest looking into house-hacking for your first deal.But if/when you decide to invest out of state, building your core 4 will be fundamental to your success, https://www.biggerpockets.com/blog/core-four-real-estate-tea...

30 June 2024 | 28 replies
If the returns are there for the investor, they will continue to operate the property or will trade it to someone else who will do the same.

28 June 2024 | 1 reply
There splits are probably a pref of 6-12% and 70-80% of the upside with a mangement fee to operate the park.

28 June 2024 | 7 replies
You would be able to create an operating agreement that includes your husband.

27 June 2024 | 3 replies
There are other companies that offer products that would cover all of your properties under one schedule that would operate with one bill.

28 June 2024 | 29 replies
You'll also pay income taxes along the way on the operation of the property.

27 June 2024 | 14 replies
This lowers my taxable income and my taxes on operating income.

28 June 2024 | 10 replies
Hoping maybe someone will create something with AI that can look at various sponsors and operators.

27 June 2024 | 1 reply
However, there are pros and cons to this approach:Pros:Streamlined Operations: Property managers can integrate their systems more efficiently, leading to potentially better management and guest experiences.Experience and Optimization: They might have established profiles with good ratings and reviews, which can help attract more bookings.Cons:Loss of Control: If you stop working with the property manager, you could lose access to the listing and the reviews associated with it.Dependency: Your business becomes more reliant on the property manager, which could be problematic if the relationship sours or if their service quality declines.As an experienced STR manager, you're already familiar with many aspects of managing rentals.