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30 January 2025 | 1 reply
Having local family gave me a built-in support system, market familiarity, and the confidence to manage a property from a distance if needed.
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24 January 2025 | 21 replies
This strategy aligns well with the buy-and-hold model.Leverage Local Expertise: Partner with professionals like real estate agents familiar with rental markets and property managers who understand tenant needs.
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21 January 2025 | 14 replies
I have made some local connections for contractors to do something solo when my current projects wrap up.
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8 February 2025 | 6 replies
I am a local Realtor and I work differently with my investors.
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20 January 2025 | 8 replies
It’s inexpensive to provide but can make a big impact.Comfortable Bedding: Investing in high-quality mattresses, pillows, and linens improves the guest experience and leads to better reviews, which can boost occupancy rates.Smart TV or Streaming Services: Offering Netflix, Hulu, or similar services is a low-cost way to enhance guest entertainment and stay competitive.Fully Stocked Kitchen: A well-equipped kitchen with basic appliances and utensils appeals to families and long-term guests, saving them money on dining out.Dedicated Workspace: If your property caters to remote workers, adding a small desk and ergonomic chair can set your listing apart.Outdoor Spaces: If your property allows, an outdoor seating area, fire pit, or hot tub can significantly increase your nightly rate and attract more bookings.Energy-Efficient Features: Guests appreciate eco-friendly options like LED lighting, smart thermostats, or solar panels, especially in eco-conscious markets.Keyless Entry: A smart lock is a relatively small investment but offers convenience and security, which many guests value.If you’re deciding on amenities to add, it’s always a good idea to research your local market.
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17 January 2025 | 19 replies
I would get in touch with a local builder, and see about getting a mentorship on down days and days you have off..
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31 January 2025 | 22 replies
Using a local real estate lawyer is useful and cheap.
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30 January 2025 | 13 replies
More than 5 days late (or whatever your local laws consider late), give them notice.
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11 February 2025 | 15 replies
I am a local Realtor and I work with an amazing team of lenders, title companies, and contractors.
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3 February 2025 | 5 replies
I took a 5 minute video of a long-term unit and put it on YouTube, that saved a ton of time for Denver local prospective tenants!