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23 January 2025 | 7 replies
I have been at this since 2021 so I am relatively new myself and really enjoyed it.
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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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5 February 2025 | 5 replies
Sounds like you’ve got a solid foundation with your GC and project management experience.
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4 February 2025 | 10 replies
The BRRRR strategy, which stands for Buy, Rehab, Rent, Refinance, Repeat, focuses on long-term investment, while the Fix & Flip approach involves purchasing, renovating, and selling properties for a profit.Investing in Airbnb rentals presents a distinct set of challenges, requiring active management and a thorough understanding of local regulations, but it also has the potential for higher returns.Here is a concise overview of the advantages and disadvantages of each method:Fix & Flip:Pros.- Potential for quick profits - Enhances property value - - Adaptable to market trendsCons.- High risk - Time-intensive - Requires substantial capitalBRRRR:Pros.- Builds long-term wealth - Generates rental income - Increases equityCons.- Complex process - Requires financing - Dependent on market conditionsAirbnb:Pros.- Potential for higher returns - Flexible pricing - Short-term commitmentCons.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.
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28 January 2025 | 13 replies
My wife and I started managing more properties for others as word of mouth recommendations started and we started to use the management and arbitrage cash flow to acquire our own properties and fund the BRRRs we were working on.
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2 February 2025 | 9 replies
That said, here is how I would proceed...For some background, I used to run an STR management company in SATX and we peaked at about 35 properties under management.
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9 February 2025 | 3 replies
Rinse and repeat as many times as life allows, or convert to buying pure investments.Consider employment with a property management company.
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20 January 2025 | 57 replies
I don't see how they relate to wanting to educate myself or asking for reading recommendations.
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16 January 2025 | 19 replies
The managers are non-communicative.
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10 February 2025 | 7 replies
Quote from @Obed Calixte: There are a ton of free tenant applications online and through property management software companies such as turbotenant, rentspree, zillow etc.You will want your application to meet any state specific guidelines (if applicable).