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29 January 2025 | 9 replies
If you go through brokers or even reaching out to sellers, it's a good idea to keep in mind how they will see you.
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10 February 2025 | 9 replies
@LaShon Evans,I would agree with others for the first time I'm not sure long distance management is a good idea.
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28 January 2025 | 0 replies
🤔Let's explore this idea together...💰 The Cash Flow ConnectionThink about it - both investments are essentially money-making machines.
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29 January 2025 | 12 replies
I like the idea of using a HELOC for value add projects where you can refi in 12 months to pay back your HELOC.
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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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10 February 2025 | 31 replies
I know this is slightly off topic... but I agree with the others that comping isn't that difficult.
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30 December 2024 | 2 replies
I am creating a LLC in MD and am looking for a Resident Agent. Has anybody have used a good one in MD?
Thanks.
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30 January 2025 | 8 replies
Have any of you property managers out there implemented something like this, and would you be so kind to share yours with me so I can get some ideas?
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30 January 2025 | 8 replies
If you're in Northern MN, there is a very good chance that the cost to build a new duplex exceeds the resale value, which would be an awful idea to build a new one.