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18 November 2024 | 12 replies
Eliminate debt, establish a budget, and save.
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23 November 2024 | 5 replies
What happens if you sell a property to invest somewhere else and make a mistake?
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20 November 2024 | 9 replies
It at least gives you a starting point and will help you eliminate a lot of things right off the bat.
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20 November 2024 | 4 replies
I put my criteria clearly in the listing: 3x income over rent, 85% on-time payment history on credit report, and good references from past landlord.The biggest mistake you can make is taking the word of a current landlord.
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19 November 2024 | 5 replies
A channel manager like Hospitable syncs bookings across all platforms, avoiding embarrassing overlaps and keeping all communications centralized.Automated Cleaning Schedules: After each guest checks out, cleaning schedules can be synced automatically with the cleaning crew—eliminating missed cleanings or the need for last-minute arrangements.Automating these aspects of STR management isn’t just about making life easier—it’s about maximizing profits, improving guest satisfaction, and bringing back valuable personal time.Have you tried automating your STR?
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19 November 2024 | 3 replies
Yes, it's easy to ask you these questions after the fact, but you won't succeed unless you carefully review your mistakes and learn from them.Not sure I agree with your statement, "RTR knew they’d messed up".
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24 November 2024 | 11 replies
So you eliminate the properties that make no sense for whatever reason and end up with a still OK list.- you start your research doing comps, maybe talking to neighbors, trying to see the inside, etc.
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25 November 2024 | 23 replies
The biggest mistake new investors make is to walk a property, maybe explain in general terms what they want and then let the contractor come up with the SoW.For a bedroom this could be:- replace carpet- repair closet dooror- remove carpet- remove curtains, nails and screws- replace closet doors, entry door SKU#- replace window SKU#- refinish hardwood floors 144 sqft, clear/oil-based- prep and paint all woodwork- patch walls, texture, paint walls eggshell white clay, ceiling flat white- replace light fixture SKU#, replace lightswitch w decora/white, replace 3 outlets&covers- install blinds SKU#Obviously, the cost would be quite different.
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20 November 2024 | 15 replies
Your agent should be able to connect you to a lender that would have experience with the VA process.Quick primer on VA loans.https://www.va.gov/housing-***...One of the things I did since my first purchase was to write down in a log all the mistakes I made with each property.
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21 November 2024 | 15 replies
I would be happy to have a call sometime to discuss your plans and see what I can do to help avoid some of the mistakes and also what to look for in this market as it is very competitive.