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6 June 2024 | 7 replies
STR and MTR investing is a different animal all together taking you from housing to hospitality and requires more of a time suck than many initially realize. i personally only do long term rentals and students. i do have a property in mind and making the connections to transition it into a sober living home. excited to see how that shakes out.
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5 June 2024 | 10 replies
For me personally I learned that I want to very much limit debt I would rather only have a handful of assets that are very nice but they are paid for.. as opposed to 100 rentals with max debt and all the work that comes with it..
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5 June 2024 | 9 replies
Whether it’s worth it depends on your personal goals and financial situation.
6 June 2024 | 6 replies
Don't take this personally, but that is not considered particularly attractive granite, it's old school 'speckled' granite.
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6 June 2024 | 25 replies
Driving traffic to your direct booking site, if you have one, can definitely be a challenge but I personally believe it's becoming more important all the time, particularly for STR.
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6 June 2024 | 57 replies
Anything under 12.5k sqft I’ve found that the fixed costs are too much to achieve that 35%.40,000sf: This is just a personal rule of thumb where currently I’m trying to stay away from the spaces where the institutional players are operating (if I can).
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5 June 2024 | 21 replies
I personally have not used that data yet, but it is integrated with batch so you dont have to use 2 different systems.
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4 June 2024 | 4 replies
If someone injures themselves and sues, they will be suing the LLC and not you personally.
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5 June 2024 | 3 replies
.- Continual market analysis to keep your prices neither too high or too low- For software, you'll need a PMS, some system for tracking operations tasks (we use Breezeway), communications tools for internal and external (we use Slack and OpenPhone, respectively)- The decision to self manage or outsource is a very personal one.
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5 June 2024 | 116 replies
Nothing revelatory here - personal finance is personal.