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10 April 2024 | 21 replies
But, he has the right information on the tools to use, the expectations, tips & tricks, how to deal with AirBNB & VRBO and dealing with guests, is focused on the experience of the guest, on great ratings and he understands the process.
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9 April 2024 | 8 replies
Tax returns should do that trick.
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9 April 2024 | 11 replies
I’ve been googling the process now which again seems to take me into a whole new layer of how to think about the transaction and waste him manipulated to my advantage. when you have time, would you be able to explain some of your tips and tricks that you’ve learned from selling the note?
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10 April 2024 | 25 replies
The trick is scale and automation.
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9 April 2024 | 24 replies
From most OOS investors I am speaking to this is where most of the attention is, so be prepared for competition - seems that this forum was revived from the dead but to answer the original question with a few practices you can manage the air-bnb yourself to get higher occupancy, I would recommend educating yourself on tricks for the platform those will make the biggest difference - definitely helps having someone take care of your air-bnb account and for completely hands off investing do that but just previewing/welcoming who comes in can be done remotely in a professional manner I have seen it done in multiple states.
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8 April 2024 | 7 replies
You really need to learn how to do that.One of my tricks was, "I'll have to get back to you on that."
7 April 2024 | 7 replies
They don't learn the tricks of the trade or understand the rules, laws, and contracts.
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6 April 2024 | 5 replies
I am a first time real estate investor looking the following property : https://www.redfin.com/OR/Forest-Grove/2418-Cedar-Cir-97116/...its a pretty large duplex in Forest Grove OR, the trick is though, its on a lot zoned for a 4 plex so I am lookinginto house hacking, converting into a triplex, then living in one unit while renting out the remaining two unitsThe left garage has been converted to living space, with a living room, half bath, a laundry room with a sink and some counters/cupboards and a bedroom, it is a part of what was an existing 3bd unitIf I were to acquire the asset, I would first attempt to convert that space into its own unit The line items as I see (be in mind, I am totally new to this) would be to >put up dry wall where the door to the rest of the house is,>add a shower to the half bathroom >install a water heater in the adjacent 3bd unit> install a kitchen in the laundry room, (stove , oven , sink, counter space)>add a shower to the half bath Assuming I can convert it to a 3plex, I could at-least cash flow on my investment after I leave My plan would be to put minimum down payment of 3.5% (FHA loan) that way I can have a decent amount of capital free to do the renovationsThe only concern is when I crunch the numbers to get my ROI, I have no idea how much its going to cost to convert the additional living space to a third unitAny experienced investors here know how I can estimate this before I try to make an offer?
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4 April 2024 | 21 replies
You are tricking people to open it.
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4 April 2024 | 8 replies
I am mostly just trying to discover any tips or tricks or identify any strategies that I could potentially be missing out on.