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22 January 2025 | 22 replies
My current occupancy rate is around 40%.Property Details:1,400 sq. ft. single-family home (3 bed, 2.5 bath)Weekend bookings are more frequent, with limited weekday staysWeekend rates: $150–$250/nightWeekday rates: $80–$100/nightAirbnb Listing: https://www.airbnb.com/h/vip-houstonWhat I've Done So Far:Created a brand-new Airbnb and booking.com listings to eliminate bad reviews from Airbnb and Booking.comHired a reliable cleaner ($150 per cleaning)Manually update pricing often on Airbnb (tried Pricelabs once and gave up when nothing improved within the month)Change my cover photo at least once a week or soListed the property on Airbnb, Vrbo, Booking.com, furnished finder, Zillow, and Facebook marketplaceScheduled handyman visits every six weeks for minor repairs and paint touch-upsI'd appreciate any feedback on the steps I've taken and suggestions on improving my listing and overall performance.
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19 February 2025 | 19 replies
Slow and steady still wins the race, and leverage is a double edged sword that can get you in real trouble if you don't respect it.
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20 January 2025 | 6 replies
-22 years old-$50,000 pre tax income from business this year-80k in savings-30k in investments-pre approved for $350,000 (had to use parents as co-signers because I started business 2 years ago and didn’t make much first year)Looking to get into first house by house hacking a 4 bed 2 bath renting out 3 rooms.
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19 January 2025 | 1 reply
We will be almost doubling our portfolio next month (81 doors total).
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21 January 2025 | 20 replies
Typically, a buyer going directly to the listing agent just doubles the commission that listing agent receives, will little or no savings to the buyer (or seller).6.
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12 February 2025 | 27 replies
Taxes are calculated at sale prices and I believe much of these areas have had little to no re evaluation in years (I've experienced this myself on properties with rehabs that I've added double the size). 2) County vs "in town".
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31 January 2025 | 27 replies
Definitely double check that though.
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26 February 2025 | 40 replies
With principal pay down and other metrics you can hit double digits for return.
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28 January 2025 | 19 replies
It takes double the money and triple the time than you initially planned for.
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1 February 2025 | 14 replies
It doesn't happen much and probably won't be a process lenders go through in a systemic search until we hit closer to double digit rates on those 2 and 3% loans.