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24 January 2025 | 0 replies
Here's what you need to know about qualifying and managing costs, including realtor fees and other expenses.Why Germany?
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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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13 February 2025 | 22 replies
.: @Patrick RobertsThat's a lot of words to say you're advocating tax fraud since there may be a low likelihood of getting caught...
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3 February 2025 | 15 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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16 February 2025 | 24 replies
Rental property prices are low in this area, leads me to believe there are problems with the rent collected vs expenses.
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2 February 2025 | 9 replies
Same property listed water bill paid by landlord so how much does it cost to put individual meters for each property so cost can be moved to tenants?
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30 January 2025 | 6 replies
The overhead to start a company is low, but the cost to scale is high.
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23 February 2025 | 9 replies
It always takes longer, costs more and has more challenges than I originally thought.
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6 February 2025 | 42 replies
I am putting in a link to something that may be help, a cost of living comparison calculator (https://www.bankrate.com/real-estate/cost-of-living-calculat...).
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11 February 2025 | 5 replies
No debt, they bought this place for like 200k in early 90s, quite old people. im not sure if they will be alive for the 7yr term but they chose it..The reason im putting so much down is im buying w gift money and i want low monthly payments.