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1 October 2024 | 8 replies
Employing the services of a property manager can help boost your business as they provide support in handling the property and could also co-host the property along you.
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2 October 2024 | 25 replies
It is truly devastating, and I know so many amazing hosts/properties in that area.
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2 October 2024 | 16 replies
You will find a TON of awesome people here on the forums representing our city who are willing to help you along your journey.My biggest suggestion would be to find some local meetups (https://www.biggerpockets.com/forums/521/topics/1211616-virt...) and introduce yourself to the host.
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30 September 2024 | 5 replies
That being said, when they launch their next fund, they are strongly considering a 506(c) offering.https://lastmileinvestments.com/While this is not a list of people I have invested with, I will say a lot of 506(b) operators hide in plain site:- Podcast hosts and guests (talking about what they have done past tense, not current offerings)- The gurus often also syndicate deals- Rise48, per their website, has primarily (if not exclusively) 506(b) offeringsThe thing is, depending on how conservative the compliance attorney is, you can have 506(b) operators advertising like there is no tomorrow.
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7 October 2024 | 190 replies
One of the hosts , Stig Broderson, was a recent guest on the BP podcast on their new Sunday episodes.I think it is a compelling asset, and am interested in starting a position myself.
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25 September 2024 | 2 replies
As you know, in 2023, the new laws require hosts to have a license to do STR.
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30 September 2024 | 4 replies
Many in our STR mastermind are switching and going back to Hospitable or Hostfully.
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29 September 2024 | 11 replies
For instance, with STRs, why won't an investor spend an hour on AirBNB for their area to identify listings that:1) rank the highest2) occupancy 95%+3) ADR $750+4) hosts have 2+ properties5) listings are branded with 20k+ Instagram followersetcThen, reach out to those top operators; as many don't have the time or gave up on cold outreach, yet they've done the hardest 90%, have skin in the game, and outcompeted thousands of listings nearby.
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28 September 2024 | 3 replies
If anyone is hosting anything next month, I would love to attend and meet new people in this space.Thank you!
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1 October 2024 | 14 replies
Short term rental manager aka co-hosting fees are usually 20-30%, mid-term 17-25%, and long term property management fees are 8-10%.