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24 January 2025 | 9 replies
Links/references- https://www.canva.com/design/DAFHd-6ryQ8/_T6h0Y9jV0zIEADl6bq... - https://therentalgirl.com/tichttps://andysirkin.com/tenancy-in-common-tic/operating-and-m... - https://www.stonesalluslaw.com/tenancy-in-common-in-californ... - https://www.investopedia.com/terms/t/tenancy_in_common.asp - https://www.rocketmortgage.com/learn/tenancy-in-common - https://www.allcalifornia.com/tenancy-in-common - https://andysirkin.com/tenancy-in-common-tic/guidance-for-se... - https://www.dre.ca.gov/files/pdf/tic_guidelines.pdfby the way I received a lawyer referral who is supposedly familiar with tic in California.
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16 January 2025 | 1 reply
. - Furnishings and Design: Active vacation rentals are usually sold furnished, vacant homes are not.
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17 January 2025 | 35 replies
They also offer a cheap and efficient way to skiptrace and send post cards, you can even design your own with their creator.
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16 February 2025 | 61 replies
Booking is a pain in the ***, especially compared to Air/VRBO.That being said, I love Booking because it attracts completely different clientele bases, we generate a much higher ADR (which helps offset some of the policy issues) and the positives outweigh the negatives for me.
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18 January 2025 | 11 replies
As a result, this isn’t the kind of market that attracts top-tier PM talent.Your best solution might be to either:1.Take on self-management if possible (and if you’re willing to put in the time/effort).2.Find an individual you can trust to handle these properties, set up very specific instructions and processes, micro-manage them initially to ensure standards are met, and compensate them well to make it worth their while.This approach requires more oversight on your part but can yield better results in markets like this.
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25 January 2025 | 12 replies
A skilled property manager understands tenant segments and their behaviors, which helps attract reliable renters.
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10 January 2025 | 12 replies
.: Stessa isn't good for keeping track of tax deduction items.Stessa was designed to just look at P&L.
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16 January 2025 | 4 replies
Those effected go well beyond the property owners, the economic contribution of RE and subsequent economic loss in the form of: management, maintenance, landscaping, caretaking, hospitality, tourism, contracting, designing, pools and gardening is economically catastrophic and will reverberate well beyond specific zip codes.
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20 January 2025 | 22 replies
Since companies have a limited lifespan (10–18 years on average), cities must attract new businesses to maintain job opportunities.Factors Companies Consider:Low Operating Costs: States with lower property taxes and insurance costs.Low Crime Rates: High-crime cities deter businesses and tenants alike.Natural Disaster Risks: Avoid areas prone to disasters, as recovery can take years, impacting your rental income.City Size and InfrastructureFocus on cities with metro populations over 1 million.
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14 January 2025 | 2 replies
Realize that you need to design around it.