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11 February 2025 | 11 replies
Yea give her the advance notice, maybe she pays and you save on the eviction fees.
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29 January 2025 | 8 replies
I’d recommend saving that $295 cash flow for some amount of time until you have considerable cash reserves saved up.
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21 January 2025 | 20 replies
Just have $$ in savings
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22 January 2025 | 1 reply
Quote from @Courtney Dettlinger: Your equity is not a savings account from which you can withdraw for free.
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20 January 2025 | 8 replies
It’s inexpensive to provide but can make a big impact.Comfortable Bedding: Investing in high-quality mattresses, pillows, and linens improves the guest experience and leads to better reviews, which can boost occupancy rates.Smart TV or Streaming Services: Offering Netflix, Hulu, or similar services is a low-cost way to enhance guest entertainment and stay competitive.Fully Stocked Kitchen: A well-equipped kitchen with basic appliances and utensils appeals to families and long-term guests, saving them money on dining out.Dedicated Workspace: If your property caters to remote workers, adding a small desk and ergonomic chair can set your listing apart.Outdoor Spaces: If your property allows, an outdoor seating area, fire pit, or hot tub can significantly increase your nightly rate and attract more bookings.Energy-Efficient Features: Guests appreciate eco-friendly options like LED lighting, smart thermostats, or solar panels, especially in eco-conscious markets.Keyless Entry: A smart lock is a relatively small investment but offers convenience and security, which many guests value.If you’re deciding on amenities to add, it’s always a good idea to research your local market.
21 January 2025 | 4 replies
You can save a lot on costs if you do many repairs yourself.Look into hard money lenders or private lenders for the initial purchase and rehab.Connect with wholesalers, agents specializing in investment properties, and other BRRRR investors to find deals and learn more.
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6 February 2025 | 3 replies
That cost segregation study that saved you so much in taxes over the years?
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6 February 2025 | 28 replies
More difficult after spending money on a rehab, but it might be worth an appointment with an attorney.
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16 January 2025 | 5 replies
Eliminate debt, establish a budget, and save.
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17 January 2025 | 1 reply
I'm not sure I would label this result "saving money" for your client, and I'm not sure I would brag about it.