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9 August 2024 | 39 replies
Great strategy for the following reasons: passive, secure (low risk) and nice double-digit returns.
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6 August 2024 | 0 replies
I built a better website and improved the digital marketing reach.
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6 August 2024 | 4 replies
Paystubs only show last 4 digits.
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8 August 2024 | 29 replies
@Randy Rodenhouse actually all my deals generate double digits CoC, but because they had significant built in equity it looks like the money is not working well enough.
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5 August 2024 | 7 replies
I just need to find out now if they are "manually" recording or if it digital.
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14 August 2024 | 134 replies
Most investors have not much experience and have ability to do proper due diligence, but...some of the lead in those forum are so good (and way more sophisticated than BP) to do proper DD.Although however I found discussion for CRE that's merely generating 7% income and single digit IRR with high risk of default is going on for very very long time.
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7 August 2024 | 73 replies
Money always flows where it can buy the most value, but even in the age of remote work, migration trends take time years if not a decade to unfold.Inflation is the devaluation of currency.
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2 August 2024 | 7 replies
Once I had their agreement I called the guest who refused to answer, so I called the cabin phone and let it ring for like 2 minutes until someone finally answered.I explained they knew the house rules, they signed my digital rental agreement that clearly spells out max occupancy and they signed up in the OTA with 7 guests, but only listed 6 people on the digital RA.
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5 August 2024 | 27 replies
The market rate for a full-service STR co-hosting company is 25% gross after cleaning fees.On average the following would be included... 24/7 guest communication, vender oversight, weekly updates on the OTA listings, make sure maintenance and deep cleanings get done...but owner pays the expense, stain removal on linens, marketing the property, keep supplies stocked...again owner pays the expense, keep property guidebooks updated (digital copy and hard copy), security (locks, cameras etc.) oversight, bi-weekly pricing software management, walk the property regularly, provide monthly reports, and obviously any guest problems that arise time to time.
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1 August 2024 | 35 replies
@J Scott - Does your book come with digital spreadsheets?