Jamie Wooley
New Western & Net Worth??? How the heck are they doing it?
23 February 2016 | 16 replies
I hope with these things in place I can work extremely hard and not recreate the wheel.
Kyle D.
Difference between to park and mobke home park
1 December 2015 | 9 replies
Part of knowing the difference between a Mobile/Manufactured Home and RV park is knowing the difference between a RECREATION VEHICLE AND A MOBILE/MANUFACTURED HOME.
Simon Shih
Airbnb vs Rental
10 April 2018 | 15 replies
In my opinion properties well suited for vacation rentals have:A great location for touristsNear outdoor / recreation destinations (beach's, ski resorts, etc.)Near nature (on a river, lake, ocean, etc.)Or perhaps a great location for business / corporate housing (Downtown, near major companies, etc.)Decent demand year-round (If it sits vacant 40 weeks out of the year you would be better off with a long-term tenant).Great amenities (WiFi, TV, Furnishings, Linens, Coffee, small appliances, etc.)Accept credit card paymentsPool / Hot Tub is a nice bonusOutdoor space at the property (Deck, balcony, patio, BBQ area, etc.)Pet friendly (not required, but will get you more interest)If your property seems to meet many of the above characteristics it is probably well-suited for a vacation rental.Some major differences you will need to figure out (compared to long-term)Who will do routine housekeepingHow will you get the guests moved in and out (lock box, in person, etc.)What laws govern your locationsWhat tax implications (bed tax, reporting, etc.) will you have to figure outHow much extra will you need to charge to make all the above worth it.
Joel Colvos
Our property is now worthless thanks to the County Health Dept
31 May 2016 | 15 replies
We have now hired three different septic planners (of only 18 certified by the county) and all have come up with plans that they say should work and all have been rejected by the county.Without an operable septic system our property is deemed 'recreational' and is clearly worth a lot less than what we paid for it.
Waverly Rennie
Ellicott City MD contractor charging >$300 sqft for rehab
19 July 2015 | 40 replies
Our architect has done a good job helping us draw up plans to rehab a wing of an 1880 property (including some tear down and re-creating) and suggested working with one of the three contractors he often uses.
Johannes Ariens
Seattle Newbie- Looking to build my team and portfolio, please reach out!
22 July 2015 | 18 replies
For recreational and lifestyle properties I am interested in Leavenworth WA, Westport WA, and Bend OR.
TD Smith
Door County vacation rental condos -- why so cheap?
9 August 2015 | 14 replies
Kind of unique in that it seems to be a blend of "up north" woodsiness, cutsie cottageness, and waterfront recreation.
Joshua Chambliss
Housing Developer - Investment Opportunities?
29 August 2015 | 6 replies
The red tape and hoops that you have to deal with can be a nightmare and cause months of delay before you even touch a tree much less break ground.Also I agree with Devon, some architects do not live in reality (as a building contractor I live with it all to much) so it is important that you have a product to produce that you can not only sell in your market, but you can tweak and add value engineering to as you learn to construct your product, this can be equated to time or material, and is in my opinion the number one reason you would consider recreating a building multiple times and only change the façade.
Jason Wokutch
Enjoying the fruits and fun of Real Estate
11 September 2015 | 0 replies
My favorite part of this whole process is recreating what sometimes is an inhabitable dwelling to a clean functional home which I am proud to own and have my tenants live in.
Chris Licavoli
Flipping Fail?
16 September 2015 | 4 replies
It was a nice 3000 sq ft house on a 2 acre wooded lot across the street from a 30 sq mile recreational reservoir where lake frontage homes were listed at $500,000 and up.