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9 January 2025 | 0 replies
I managed my own Airbnb account for the first 3 months after handing it over to Evolve.
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22 January 2025 | 22 replies
For instance, my PlayStation was stolen, and because my cleaner didn’t catch it in time, we couldn’t identify which guest to hold accountable.
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9 January 2025 | 5 replies
Also helping was a relationship with that bank (deposit accounts) and good credit.
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11 February 2025 | 183 replies
That will likely be one of the side effects of improving your property and should be accounted for in your analysis.
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9 January 2025 | 5 replies
Set clear goals, stay accountable, and celebrate small wins along the way, getting started is the hardest part, but you’re on the right track!
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7 January 2025 | 1 reply
There's no step by step guide but there are key things : Learn: RE strategies, what interests you, what do people in your area need.Connect: find a mentor, accountability group and be around those doing what you want to do.Help: solve problems- do people need dealflow, property mgmt, construction expertise, etc.
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8 January 2025 | 10 replies
And that's not even taking into account the regular tenant BS.
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13 January 2025 | 12 replies
The moment the first payout hits your bank account, all that goes away.
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15 January 2025 | 18 replies
If you’re not using a 1031 exchange, you’ll need to account for this.Reinvestment Risk: Entering new markets and managing multiple properties may present challenges, especially if you’re unfamiliar with the areas.Alternative StrategiesBefore committing to selling, consider these options:Leverage the Equity (HELOC or Cash-Out Refinance):With a 3.1% loan, selling might not be the best first move.
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16 January 2025 | 15 replies
There are more in Odessa but I was not sure if an appraiser would take those into account (or if I even want them to).