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4 February 2025 | 4 replies
. - Despite 3 tenants in under 3 years, it has done very well for us and has only been "vacant" for 15 days in that period, and has great cash flow, ~$1000/mo due to ~50% equity in the property, and a low covid-era interest rate. - I have been saving ALL of my cashflow into its own account to accumulate to buy the next rental (totaling ~$24,000).
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29 January 2025 | 25 replies
If you don't already have boots-on-the-ground and a trusted network, it's going to be tougher to do.
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19 February 2025 | 57 replies
i also help with the set up, hosting and finding cleaners I make it a one stop shop and the process makes it seamless and a sure thing with making money and keeping costs down.
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27 January 2025 | 23 replies
But, it's very commutable, and a lot of people working in Reno (especially South Reno) actually live in Carson City because it's cheaper.
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26 January 2025 | 48 replies
With 20 years experience managing my sfr and as a property manager for a broker and a bank, this switch into ABNB has been a learning experience.
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16 February 2025 | 9 replies
Acquiring clients - You need to spend money and a lot of it typically.
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24 January 2025 | 3 replies
And a SUSTAINABLE approach to rental property ownership.
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4 February 2025 | 3 replies
So one tenant pays their 50% in RentRedi and the other pays 50% in RentRedi and as long as it equals 100% at the end of the month, everything is good.
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3 February 2025 | 15 replies
Avoid common pitfalls like skipping due diligence, underestimating repairs, and overleveraging having reserves and a strong team is key.Good luck!
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28 January 2025 | 15 replies
Quote from @Isadore Nelson: Give the expectation, a deadline, and a penalty.