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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.
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29 January 2025 | 5 replies
Focus on driving for dollars during free time, and set up automated mail campaigns to keep leads flowing.
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27 January 2025 | 6 replies
I am assuming this is in TEXAS (I am editing this as I thought I was in the Austin Fourm, I understand now that you might not be in Texas) as each state has their own set of laws that property managers must follow.
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19 January 2025 | 51 replies
Once you set up the tenants in the system it works great.
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5 February 2025 | 13 replies
Hi Jaycee,Chose this area because my partner already had a section 8 rental here that is doing well and has a team set up.I have no experience with section 8 tenants.Appreciate the advice on starting an LLC.
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21 January 2025 | 4 replies
Since you know what you need to buy it at and an average rehab cost, I would say $50-70k for a cosmetic flip, set the ARV based on the sample you choose and doing comps and ask them if they would invest in a deal similar to this.
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24 January 2025 | 10 replies
This is something I try to live by and teach my kids if I can - "A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly.
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5 February 2025 | 38 replies
The investors that have had these payments suspended have set-up a new Facebook page.
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27 January 2025 | 29 replies
I personally concur .. they charge 6k to join the club they bring in folks who have no experience and set them lose.. with so called training..
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30 January 2025 | 6 replies
Next Steps: Find lenders, network for private money, explore seller financing, and set up gap funding.