Jin Lee
Does this value-add opportunity increase the value of my property?
5 January 2025 | 1 reply
The property has a massive 900+ sq ft attic with very tall ceilings that would make a perfect 3rd unit potentially grossing another $1000 per month.
Jeremy Beland
This $200k Profit Deal Was Almost Lost Over an Eviction Battle
15 January 2025 | 7 replies
I’m about to tell you about a deal that could have easily fallen apart, but instead turned into a $200k profit after a lengthy eviction process. This one came from Massachusetts, a state where the eviction laws are no...
Kwanza Price
Advice for Finding Contractors (San Francisco)
11 January 2025 | 2 replies
Provide the supplies.
Brandon Vukelich
3-unit STR/MTR $107k NOI on $187k REV
21 December 2024 | 10 replies
If it's worth $1.3 million today, it will be worth $3 million or more in 20 years, you'll have paid off the debt (or most of it), you'll earn at least $3 million in cash flow over those 20 years, and you'll have tax benefits.
Alan Asriants
The realities of when you start acquiring more units - unexpected vacancy
14 January 2025 | 9 replies
That sounds like massive renos (ie new floors, painting...).Yes as you acquire more properties, the chances of having multiple vacancies (no matter how leases are staggered) increases.
John Underwood
Corporate transparency act blocked nationwide
26 December 2024 | 21 replies
If you forget, you face massive fines.In a small partnership, you might be redoing this paperwork quite frequently.
Makan A Tabrizi
Nail/Screw Holes in Walls
7 January 2025 | 37 replies
The reason we supply a couple packs is to avoid the cheap knockoffs.
Garrett Brown
What is your biggest struggle in the STR world right now?
14 January 2025 | 41 replies
You'll need documentation of the cost to replace, hopefully, pictures from your cleaning team before their arrival, an owner's closet with lock for supplies, and limit the number of supplies you provide to a determined number.
Guan Hong Guo
Income Criteria for Multiple Occupants
15 January 2025 | 10 replies
Cities and states have enforced this policy for well over 50 years and it always stood up in court.
Kenneth Jenkins
Maintenance Expectations in Metro Detroit
3 January 2025 | 6 replies
A little background about me, I have just over 200 doors in my current portfolio and our company manages just over 250 doors for third party investors in addition to those.