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3 February 2025 | 27 replies
BiggerPockets is a great place to find featured agents experienced with long-term rental investments—they can guide you to cash-flowing properties and connect you with resources like contractors and property managers.
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23 January 2025 | 9 replies
My property manager called (I live in Denver) and told me they got it turned off pretty quickly, but a whole wall's worth of drywall was damaged.
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30 January 2025 | 62 replies
The previous administration, allowing such as huge number of people to cross, has made it necessary for the new administration to act quickly and forceably.
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22 January 2025 | 0 replies
Ineffective or Absent Conflict Resolution ProcessEvery successful group of people needs an effective conflict resolution process characterized by:simplicity to understand and remember;quickness to start and complete;a clear vocabulary.My company, Livingsmith uses and recommends the 5-on-5 Process for conflict resolution in co-living homes.2.
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31 January 2025 | 19 replies
If you want to do it yourself, be ready to answer text messages at 3 AM, solve problems within a 2 hour window, deal with contractors who aren’t able to “turn” a vacancy quick enough, and guests who want “instant” gratification.
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24 February 2025 | 28 replies
They will typically start by contacting the agent, which will get his attention quickly.
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24 February 2025 | 30 replies
It is a quick way to bankruptcy, especially if there is a guest injury, even if they are negligent and not fault of yours.Having the correct insurance to cover not only damage but guest injuries is why you have commercial STR insurance.
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21 January 2025 | 5 replies
Thanks for the feedback; some quick stats: 9 doors across 4 states, about 50% LTV ratio with a Net Income of about 17% and cash on cash of about 3%.....in fairness those numbers include some overall business expenses not tied directly to one specific property.
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22 January 2025 | 4 replies
If they are professional, they can explain this quickly and easily.
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23 January 2025 | 3 replies
As you purchase more, your net worth will go up more quickly than the savings in interest with the other option.