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6 February 2025 | 3 replies
I would definitely start off renting most units as LTR and slowly renovate and furnish units to do MTR, having a mix of both.
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28 January 2025 | 29 replies
Maybe a bit more furnished unless other properties are also selling furnished. - WRT income, at a minimum it has to cover all of your costs plus some for unforeseeable expenses.
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11 February 2025 | 2 replies
We are a local brokerage and property management firm, I manage a lot of furnished rentals and work with folks here on BP.
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30 January 2025 | 1 reply
Quality furnishings, attention to detail, and seamless operations helped set the property apart, maximizing its earning potential.
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9 February 2025 | 3 replies
Or are you planning to put 100% of the risk/cost of vacancies, furnishings and tenant nonpayment on the owner with you having 0% risk?
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18 February 2025 | 18 replies
It was a new build, shown completely furnished and the builder listed it for use as a STR after we saw it.
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9 February 2025 | 33 replies
So my insurance was paying $6200 a month for "barely" furnished 2-2 apartment new the Arboretum.
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19 February 2025 | 4 replies
and also like what I do Utilize as STRs: You furnish and list these properties as short-term rentals (STRs) on platforms like Booking.com or Airbnb.Generate Cash Flow: The higher rental income from STRs, compared to long-term rentals, allows you to cover your mortgage/lease payments, generate positive cash flow, and potentially have funds left over for further investments.Positive Cash Flow: STRs often generate higher rental income than long-term rentals, allowing you to cover your costs and potentially profit.Tax Advantages: You can often deduct expenses related to your STR business, such as mortgage interest, property taxes, and maintenance costs.
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14 January 2025 | 19 replies
You do have to manually move people from Furnished Finder to your system.
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28 January 2025 | 7 replies
For pure investment the best strategies in CO are Co-Living and Furnished rentals in my opinion.