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5 February 2025 | 28 replies
After talking to my guests and understanding their needs, I shifted my approach.
7 February 2025 | 5 replies
I could go on and on, but basically I would love to get any insight into how I should approach this opportunity.
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24 February 2025 | 5 replies
would like to get personal message if somone have a recomndation on a PM in cuyahoga county, nime is making some problmes
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16 January 2025 | 40 replies
So how would you approach the OTA listings from the beginning knowing you planned to sell or transfer management to an operator at some point?
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21 February 2025 | 1 reply
I want to make sure I’m as prepared as possible before diving in.Thanks in advance for any advice or personal experiences you can share!
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29 January 2025 | 14 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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18 February 2025 | 18 replies
It's led to incredibly high occupancy rate in the off-season, but I'd rather have a slightly lower occupancy rate in order to reduce wear and tear and leave some weekends open for personal use.I'm at a loss on what to do about this.
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31 January 2025 | 121 replies
It should be from someone who uses that person.
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7 February 2025 | 1 reply
Or can you still run everything through your personal return (just want to make sure that I can deduct things such as HOA fees which I can do if it is a rental).2) If I do decide to run everything thru my personal tax return (save on LLC fees), should I at the least set up a separate bank account to track costs separately?
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12 February 2025 | 16 replies
Hi Bruce, i'll start by saying i'm a mortgage person, so please understand the context in which my response is coming from. you'd need to create CC&Rs/bylaws and establish an HOA in order to do this.