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7 April 2020 | 4 replies
So, while only some states have great charging order protection for LLC, LP are seen as a more robust and proven asset protection entity than LLCs.
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10 April 2020 | 9 replies
But, I believe urban areas, like Minneapolis/Saint Paul where I am, will see a large temporary loss of STR inventory, and most of that loss will be from the bottom of the barrel, because they aren't profitable enough to justify the risk, but the highest performing STRs will of course stick around, because they're doubling or tripling income from LTR.I also own a duplex in Rochester, MN a few blocks from Mayo Clinic, that I'll be putting half of onto airbnb when it's done (I wish it was ready so I could help some healthcare folks out).I think it's like most industries though, the most robust and efficient businesses will withstand this crisis, while the weaker, unfortunately, might not.Just to predict, I think across the airbnb platform we'll see a temporary (maybe up to a year after the crisis comes to an end) drop of inventory around 10-15%, but I think bookings will drop by less than that amount (after the quarantines stop).
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22 April 2020 | 3 replies
From an Accounting and Operational viewpoint- I feel that Appfolio is more robust.
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16 February 2020 | 11 replies
No issues renting, the rental market here is extremely robust and you won't have a problem with finding tenants unless you're in the luxury market.SFH/Townhomes tend to hold value better than condos, but ones with associations do tend to hold their value than ones without.
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27 March 2020 | 7 replies
If you want something a bit more robust, Buildium is a great option.
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3 May 2020 | 5 replies
If you are 30 years old, hit your FI number, and handed in your 2-weeks notice to your employer to start out 2020 then your portfolio will have a more significant drawdown affect as a result of having a "down market' in the initial withdrawal period.For a more robust discussion on this I would recommend digging into the Sequence of Returns Risk discussions with JL Collins (the FI guy, not the Built To Last guy) and Big ERN from Early Retirement Now
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8 March 2020 | 31 replies
If you select activities with robust economics (i.e., ones that make money after depreciation) you won't have any limitation issues as you clearly have now.
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30 June 2020 | 20 replies
With the robust healthcare system and Fortune 500 businesses, there is a steady flow of potential renters.
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3 June 2020 | 2 replies
Unless you have significant other assets to protect, a robust umbrella insurance policy may be easier and cheaper.
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5 June 2020 | 3 replies
Get a robust insurance policy and get on with your day.