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11 January 2025 | 12 replies
Maybe you can add clear rules on noise, guests, shared space usage, cleaning responsibilities, maintenance expectations, and specific guidelines for shared bathrooms/kitchen.7.
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16 January 2025 | 40 replies
Just pointing out all the negatives with no solutions comes across as “i’m a complainer”
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16 January 2025 | 13 replies
I'm sure that factored in to the government trying to find a way to gain ownership of the land and the only solution appeared to be a land swap.
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1 January 2025 | 3 replies
STR management is 20-25% (I would recommend self managing or getting a VA), since income is higher you could probably get away with 5% for maintenance / cap ex but remember you need to cover utilities and cleaning for these units which drives up costs.
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1 January 2025 | 12 replies
Now what you should do is contact the title company and confirm if title was going to be clean and marketable.
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8 January 2025 | 33 replies
So B2C is out, but perhaps B2B might be an option (e.g providing a streamlined solution for all of the major mortgage servicing companies for collection of payments.
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6 January 2025 | 28 replies
At that point I dont know investing would make any sense, I have heard scary stories I was thinking about short term rentals but that needs constant cleaning after guests and conpetition is very high my friend spent almost 200k out of pockets to buy a property for airbnb and he got 17 bookings per year....
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9 January 2025 | 44 replies
However, before doing anything I take my time to gather information, think outside the box, connect with people who have done the very thing that other people say is impossible, stay patient, see whether there are any unique solutions I can bring, and only then decide what to do.Thanks a lot for your feedback, and I'm looking forward to learning more, especially on the thesis of not using short-term debt for a long-term investment.
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30 December 2024 | 5 replies
I feel like it's a space where great operators can really clean up, since the bar is set really low, in my experience at least.