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21 October 2024 | 9 replies
I encourage you to search in the forums, connect, and learn about your market.
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21 October 2024 | 59 replies
I’d encourage you to consult a tax professional for specific determination and advice.
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18 October 2024 | 3 replies
I'd highly encourage you to reach out to folks providing value to other people in the forums and see if they're accepting clients at this time.
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21 October 2024 | 25 replies
I encourage you to research the detroit market more.
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20 October 2024 | 6 replies
Mitchell, I always encourage people to take action BUT I also try to ensure they count the cost before they move forward.
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20 October 2024 | 8 replies
- **Next Price Cut**: If you’re going to drop the price again, it’s important to make the cut meaningful enough to generate new interest.
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19 October 2024 | 25 replies
Reduce local building expenses, fees, encourage investments where people want to be.
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23 October 2024 | 28 replies
They prevent bedbugs from entering or escaping mattresses.Routine Inspections: Regularly check mattresses, bed frames, and furniture for signs of bedbugs (small black spots, eggs, or live bugs).Furniture Choice: Choose furniture with metal or plastic legs instead of wood, as bedbugs are less likely to infest non-porous surfaces.Bedbug Traps: Place bedbug traps under bedposts and other furniture legs to catch any potential bedbugs before they become a problem.Professional Cleaning: Schedule routine deep cleans between guest stays, and if you ever suspect bedbugs, hire a pest control professional immediately.Clear Guidelines: Educate your cleaning staff on how to spot bedbugs early, and encourage them to report any signs immediately.These steps will help you set up a smooth, well-managed STR that’s ready to generate revenue while maintaining a good relationship with your LTR tenants.
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17 October 2024 | 4 replies
@Courtney HamiltonRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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15 October 2024 | 8 replies
They come to realize fractional ownership in a semi-active project with far less control is not as advantageous and eliminates the ability to build the more personal and meaningful relationships with lenders that comes with going through the more natural progression of growing a portfolio and business.