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3 July 2024 | 7 replies
They can also assist newbie tenants with build out.Always be advertising these units as they do have more frequent turnover than I realized.Collect larger deposits.
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4 July 2024 | 8 replies
a local marketing guru who would frequently meet with us to discuss various business strategies to help grow our detail company heard about the offer. at the time he found out about it the current carwash owners had all but signed an LOI with an out of state private equity firm but were willing to sit down with us and hear our offer!
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1 July 2024 | 4 replies
There are obviously a lot more factors that go into it - real estate is always going to be a mix of the tangible property/market itself with a mix with the investor/operator including experience, risk appetite, financial situation etc.I would say however if you are just getting started in real estate - LTRs are probably (in a vacuum) the better bet as STRs are certainly more sophisticated and challenging from an investor perspective
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1 July 2024 | 13 replies
I've encountered that more frequently than not.
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2 July 2024 | 20 replies
Manufactured homes, on the other hand, are not always permanently affixed to land and are not always considered part of the real estate so you will much more frequently see manufactured homes depreciate than you will single family homes.
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2 July 2024 | 73 replies
This is not just a product of how frequently the manager can find guests for your Airbnb, but also what price she is able to charge for the nights rented, and perhaps even more importantly, how much of that rental income ultimately flows to you as the owner.If you sign a guaranteed income agreement with the manager, this amount is set.If you use a shared success (or commission) agreement, the calculations can be trickier.What is the vacation rental manager’s commission rate?
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30 June 2024 | 8 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
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1 July 2024 | 25 replies
I would also pay to have the water tested each spring, if not more frequently, and reimburse them the cost of the test.
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1 July 2024 | 28 replies
I have 2 properties in PCB and i live in Atlanta.key thing, you absolutely have to have a great cleaner. they will make or break you.then other things, maintenance person, know your emergency 24 hour service people (plumber especially), and contact if you are in a complex for example.then there is technology stack that can help you automate things. if you do a search in this forum, the tech stack is asked quite frequently and discussed
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29 June 2024 | 4 replies
Quote from @Lucas Hunt: I see stuff like this fairly frequently and to me it's just a recipe for disaster.