Frank Greg
GC: Average Total Labor Cost on New Build
27 June 2024 | 62 replies
But they'll be retaining them on a limited basis to supervise project and personnel staff.
Jonathan Edmund
What To Know Before Buying A Short Term Rental in Myrtle Beach
26 June 2024 | 16 replies
Remember that the on-site company also has an onsite maintenance and housekeeping staff.
Chad Shultz
Small Town Motel turned into Big Returns
23 June 2024 | 2 replies
Property has no "on-site" employees with exception of cleaning staff.
Chris Seveney
States are starting to crack down on seller financing
23 June 2024 | 7 replies
I know some software will do it for you but that is for more traditional lenders. ya the big lenders have a dedicated staff person for it..
Luis Guerra
The 25% property management fee was killing my STR profits
23 June 2024 | 29 replies
You will find the property management/cohosting/cleaning business in Orlando is extremely competitive, and scaling your business will be tough once you need additional staff and are juggling more homes.
Alinda Saffell
Has anyone sat in on committee talks about Prince George's County MD rental laws
19 June 2024 | 1 reply
Just wondering if anyone has talked with some of the County Council staff or if agents in the area are considering it (it's already hard to find a PM company in this area).
Yasmani Delgado
Whats is your take on the 50% rule when analyzing a property?
20 June 2024 | 26 replies
50%+ expense load comes when you have full-time staff on payroll, admin/MISC, eTC.
Juliette Olsen
Self manage or hire property management, that is the question?
20 June 2024 | 23 replies
I would ensure that you will always be able to get in touch with one of the staff.
Donald Taite
Hotels
18 June 2024 | 53 replies
You dont need housekeepers or a 24/7 front desk staff, just a leasing agent and good maintenance staff.
Adam Taylor
Thoughts on Sensitivity Tables and Equity Multiple Figures
17 June 2024 | 8 replies
I have found time is better spent building tools to quickly analyze & procure new deals, rather than hyper-analyzing the metrics of one deal, ultimately making initial review faster & more reliable (spend time on the things that make sense, quickly remove things that don't, even junior-level staff can identify good opportunities with the tools, etc).For example, if I'm modeling a SFR to 3-4 unit scheme, I can quickly check the $/sf/mo for each of my proposed units and get a good idea of the GOI without having to manually dig through & find rent comps in that City/Zip:- So instantly I know in Woodland Hills that a Studio is close to $5/sf/mo on avg, 1 Bedroom closer to $4/sf/mo, with the 2 & 3 Bedrooms closer to $3/sf/mo.