
9 May 2024 | 43 replies
Say in this example you were required to take what equaled 10% of the property.

8 May 2024 | 14 replies
Appreciation there is low, rents are low, and assuming maintenance as a fixed cost (for example, a hot water heater costs $450 from Lowes in Allentown, $450 from Lowes in Scranton, installation takes the same time, and labor costs aren't all that different), the ROI isn't great.

8 May 2024 | 7 replies
Here are some points to consider:Renovation Costs: Even if you did the work yourselves, you can typically include the cost of materials and any contractors you hired in the renovation costs.

8 May 2024 | 24 replies
I don't particularly care about liability issues - I have insurance - I care more about deductibles and down time from a tenant letting a place flood because they didn't know where the shut off was, for example.

8 May 2024 | 7 replies
Offering something not typically done in your market won't generate a return.

9 May 2024 | 19 replies
I think a daily allocation of 15-30 minutes for thoughtful communication on top of automations is probably a good starting point.An example that comes to mind is modifying an automated message going out for something personal that the guest shared with you in their communication so it has a warmer touch but the bulk of the lifting is still the base guest messaging.

8 May 2024 | 26 replies
Fair housing fines are no joke- they typically start around $10k.

8 May 2024 | 8 replies
The amount of people relying on RAFT for first, last and security is extremely common in lower income areas since they are typically living paycheck to paycheck and it is hard to come up with deposit to move into a new place.

8 May 2024 | 4 replies
You will find hundreds of spreadsheets already built, usually available for less than $10.Example: https://www.etsy.com/listing/1220746871/rental-property-roi-...

8 May 2024 | 8 replies
If you can't run comps on your own or with a member of your team, use Zillow or Redfin or your favorite agent's website (mine is adam-davis.remax.net for example) and search for the criteria (bed/bath/sf) of the property you're looking for, or search for the address.