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24 January 2025 | 7 replies
In part because the sink is under the window which to me seems like a natural spot for it.
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23 January 2025 | 2 replies
Charming, smaller coastal towns with a slower pace of life, natural amenities, seclusion and semi-self sustainability are high on the wish list of many high level clients and investors.
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24 January 2025 | 0 replies
I do generally agree with the sentiment of Austin and the other hosts that fundamentals will always win out in the long run, and this by nature is a long term industry, even the sales side I'm learning.
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22 January 2025 | 5 replies
I personally don't mind cooking on electric but I will say that cooking on propane is different than what most people know which is natural gas.
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8 February 2025 | 7 replies
Heating costs go up in winter, as does electricity due to the reduced natural light and more people indoors.
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17 February 2025 | 30 replies
And, even then, hitting your rate target would still be extremely challenging unless you were paying points up front, in which case it would probably make more sense to just try to put in a bigger down payment (or pay down the balance if refi) instead and get better terms naturally offered at the lower LTV.
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30 January 2025 | 8 replies
The recent surge in natural disasters has created an "Armageddon effect" on the real estate industry.
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15 February 2025 | 21 replies
You should have a good idea of every expense you have in your primary home, then add the STR specific: (These are rough estimate numbers, depending on various factors)STR insurance - a special insurance that covers both the property and your liability, could be $2~4k in areas without natural disasters, could be more than $10k in some other areas.cleaning fee - approx. $50 per bedroom, so a 4-bedroom house will cost you about $150~200consumables - bathroom supplies, kitchen supplies, beverage supplies: $20~30 per week, depending on how much you providewear and tear - towels, linen, kitchen utensils, some furniture: $1000~2000 per yearRepairs/replacement for things that guests break or steal: $1000~2000 per yearAlso, if your personal use is less than 14 days a year, the entire property's expense is deductible against STR income, but if you use more than 14 days, then you will have to calculate the proportion of how many days it's rented out vs how many days you or your family uses.
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7 February 2025 | 10 replies
@Richard Rafferty, given the relatively small nature you are looking to take on with your first syndication, personally, I would find it hard justify the typically 20-30k+ for a paid mentor.
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13 February 2025 | 17 replies
I specifically target (with my wording) luxury travel, nature lovers, beach goers and couples.