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9 February 2025 | 8 replies
I have no personal experience with them but they are the only company I know of that are built more for self managers and small portfolios.
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6 February 2025 | 12 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
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7 February 2025 | 5 replies
I have from time to time spoken with the city administrator, economic developer, & a person at building planning commission.
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16 February 2025 | 4 replies
Second- these developments where the same person develops, builds, and then requires you to use them for management- they always suck.
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4 February 2025 | 2 replies
The concern with the DSCR loan is that I need to make the property present as though it's rented to individuals during appraisal (tough since it's a working rehab facility now) and must create another lease that shows the tenant as personal and not a company.
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19 February 2025 | 11 replies
.- Navigating tricky landlord-tenant relationships when you live on the same property.While some people thrive in this environment, others find it difficult to balance personal space with their role as a landlord.### 3.
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17 February 2025 | 8 replies
Definitely a personal question.
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15 February 2025 | 21 replies
. $50 per bedroom, so a 4-bedroom house will cost you about $150~200consumables - bathroom supplies, kitchen supplies, beverage supplies: $20~30 per week, depending on how much you providewear and tear - towels, linen, kitchen utensils, some furniture: $1000~2000 per yearRepairs/replacement for things that guests break or steal: $1000~2000 per yearAlso, if your personal use is less than 14 days a year, the entire property's expense is deductible against STR income, but if you use more than 14 days, then you will have to calculate the proportion of how many days it's rented out vs how many days you or your family uses.
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17 February 2025 | 6 replies
Personally I pay $300 commission to get the new tenant, 8% of rent collected, and $150 for renewals.
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17 February 2025 | 9 replies
@Travis Timmons thank your for sharing these details in your personal experience.