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24 May 2024 | 27 replies
I will check out Bank of the West.
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20 May 2024 | 13 replies
This is something to budget for when considering this type of rental.Management Intensity: Managing student rentals can be more hands-on, requiring stricter lease agreements, regular inspections, and sometimes dealing with noise complaints or other issues.Seasonal Vacancy Risk: There’s a risk of vacancies during summer months unless you find tenants who stay year-round or offer summer sublets.Zoning and Regulations: Some college towns have specific zoning laws or regulations regarding student housing, so it’s crucial to be aware of these and ensure your property complies.Tips for Success:Proximity to Campus: Properties close to the university are more desirable and can charge higher rents.Furnishing: Consider offering furnished rentals as students often do not have their own furniture.Strong Lease Agreement: Have a robust lease agreement that includes clauses for damages, noise, and other common issues.Hire a Property Manager: If managing the property becomes too time-consuming, a local property manager with experience in student rentals can be a great asset.Overall, student rentals can be a profitable investment with the right management and location.
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22 May 2024 | 6 replies
Hey John, check out our trusted tax and accounting pros.
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22 May 2024 | 2 replies
If you're looking to just stay legally compliant, I would check your cities laws regarding rooming houses.
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22 May 2024 | 2 replies
you need to check your state .. then work for someone until you can qualify as a mortgage banker this is how I did it..
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22 May 2024 | 11 replies
HH can be a great strategy, but exploring other avenues, like single-family rentals or small multifamily properties where you don't live on-site, might be worth considering.For neighborhoods, check out Seminole Heights, Ybor City, and South Tampa, which attract young professionals.
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19 May 2024 | 39 replies
Is there a chatroom that hosts discussions with a good number of people on a regular basis??
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21 May 2024 | 14 replies
It's helped me to actually turn off my phone at night and not dread calls in the middle of the night when guests forgot their code.We not only reply to messages but take actions like setting locks, checking your calendar for availability, contacting repairmen directly, etc.Here's a recent reply for an early check-in reply in my personal account.https://ibb.co/gv0tY16 (early check-in reply after checking calendar.
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22 May 2024 | 2 replies
This process typically involves assessing factors such as credit history, rental payment history, income verification, and background checks.
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22 May 2024 | 8 replies
A great place to learn more about WA real estate investing and finding deals and connections is our local REIA - https://www.reapsweb.com and checking out some of our Zoom meetings if you can.There's some great pages on Facebook that you can find deals from other investors, and if you're looking for turnkey there's always the MLS (Zillow, Redfin, etc will get you access to those).If you want a specific search setup, reach out and I can get that started based on the criteria you're looking for too.As someone that moved up from CA a few years ago, I was curious why you're looking at WA instead of other long-distance locations?