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15 November 2024 | 17 replies
Platforms like Peerspace or Giggster can offer high payouts per booking, letting you earn with fewer ongoing responsibilities.Consider Selling: Selling could free up funds to invest in a property better suited to your goals.Each option offers unique benefits, and I’d be happy to connect you with resources to get started.
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11 November 2024 | 2 replies
Other option is giving a small portion of equity and splitting profits and ongoing costs evenly, but not sure how much equity to give or how to logistically buy their equity out later on if I want to keep the STR for life.
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12 November 2024 | 5 replies
I am new co-hosting and considering any programs or training to help speed things up and provide any key resources.
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7 November 2024 | 18 replies
They have training live webinars 2 in the afternoon that they want you to be on, they have training every weekday evening.
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14 November 2024 | 25 replies
Thanks,JaredI'd only pursue this if there is an big upside for appreciation, or if you planned on keeping the house forever as a rental.Run the numbers, subtract 15% a year for vacancy and on going maintenance and repairs during each year, subtract 15% per year for maintenance and repairs to get it market ready once you decide to sell it.Example if you were to keep it for 5 years and sell at the end of five years:12x$200=$2400 year gross profit15% for vacancy, maintenance, repairs ($-360.00 per year)= $2040 gross profit per year15% set aside to repair, repaint, replace to get ready to sell on market = $1800 $7000-$8000 net for 5 years of rental.Appreciation over the term you would keep it would be the only incentive, and it could be a big reason why to rent it.
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15 November 2024 | 18 replies
I get a lot of messages from investors in the Bay Area and I'm happy to talk to someone for an hour but as far as ongoing advice, I don't think I'm the best person to advise them since my properties fell into my lap pre-2013 (California and one Indiana property).
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18 November 2024 | 47 replies
@Ryan Leake you make no mention of material participation in the construction of and/or ongoing marketing of a STVR.
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12 November 2024 | 8 replies
She had too many belongings and it is really hard to quantify clutter much less cleanliness.This to say that one deep cleaning may help get them on track, on-going visits may be successful, or you may need different tenants because a lot of people don't know how to clean.
14 November 2024 | 13 replies
I see my train running right off the tracks.
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13 November 2024 | 8 replies
I really think that the biggest pros and cons depends on YOUR goalsI self manage my properties with the help of a VA and I like that I can be hands off now that my VA is trained.