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30 January 2018 | 4 replies
Expert I may not be but I manage 6 VR that I also own, remotely, with a day job.Mine are cabins in a very high traffic tourist area. 12 million visitors per year and we’re a 12 month market.
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23 October 2019 | 7 replies
I am very new to the VR business (still in research mode!)
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10 May 2018 | 8 replies
Is anyone using VR headsets with there buyers to help them find properties?
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26 January 2020 | 25 replies
Nothing wrong with having a business expense in running the VR business, and getting appreciation, and getting principal pay down.
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19 April 2017 | 8 replies
All that being said, VR's are not as simple as regular rental for sure...they really don't cash flow well due to the high operating expense, after all you are literally paying for everything!
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29 April 2017 | 3 replies
If you haven't owned a VR before though, I will just say the same thing I tell everyone else...don't expect it to cash flow well if at all and make sure you assign value to the other'perks' of owning it like sharing it with your friends and family and ability to use in the off season.
9 September 2017 | 33 replies
Situations that I have stepped into that make life interesting are meth-ed hoarders, crack heads, gangs, porn production, prostitution ring, rats, raccoons, bad remodeling, half finished construction jobs, fire (but not brimstone), flood, heirs that were in prison...good grief..just a whole bunch of trouble.
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7 January 2019 | 58 replies
Airbnb gets the brunt of my business but I think it has to do with the market my VR's reside in.
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4 May 2017 | 10 replies
I'm actively hunting for my first VR property, which I will manage remotely with the help of local housekeepers and handymen.