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4 March 2024 | 18 replies
,given its higher occupancy rate, average stay, daily rates, and annual bookings.Identifying the Characteristics of Top-Performing Short-Term Rental Listings in Okaloosa Island, FloridaIn this section, we will examine the types of properties situated in the southwestern area of Santa Rosa Blvd. that received over 30 reviews in the last year.To do so we will utilize the market overview page of the report displayed below:By reviewing the top two charts, it is evident that the most frequent listings with over 30 reviews in the previous year are units with 2 bedrooms and 2 bathrooms.Below, you will find some insights:15 out of 30 properties have 2 bedrooms. 13 out of the 30 listings are 1 bedroom units or studios.14 out of 30 listings can accomodate 6 guests.
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4 March 2024 | 20 replies
Both times the tenants had renters insurance in place which took care of the issue so my client (the landlord) did not have to get involved nor make a claim on the landlord policy.We are very much in a hard insurance market right now - many carriers will not accept a new policy from you if you have a property or liability claim within the last 3 to 5 years (depending on the carrier) so you really don't want to make a claim right now if you don't have a large loss or can get it sorted yourself.
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2 March 2024 | 6 replies
While most medical professionals are good about planning for the future, the nature of how contracts get filled and where that takes the traveler often happen last minute.
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1 March 2024 | 28 replies
Or they can keep, and the cash flow will significantly higher than than the P/I payment.
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3 March 2024 | 9 replies
Perhaps I will send over the loan agreements for the nearly $13M in real estate debt I originated in the last 90 days as the sole gaurantor so you can point out where I tripped up and perhaps you can even explain to me what I signed :)
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2 March 2024 | 32 replies
This seemed absurd on multiple reasons: 1) what if I changed PMs in the last 5 years?
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1 March 2024 | 19 replies
My last property, which should have been very attractive to voucher holders, had 100+ inquiries, 20+ applicants, and... 1 was a S8 voucher holder.I chose a cash paying tenant and she's amazing!
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2 March 2024 | 16 replies
No doubt that house hacking has become more challenging in the last few years but it is often still a much better option compared to both renting and buying a primary home just to live in.
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2 March 2024 | 8 replies
(UNLESS OWNER OCCUPIED OR CAPITAL IMPROVEMENTS)If the land lord supplies heat, rent increase shall not exceed 4% otherwise don't exceed 3%.tenants 65 or older 2%new tenants increase can not exceed 5% over the last tenant's registered rentyou must provide a new tenant the previous rent amount in writing.you must apply to the city for each increase with 60 days notice, depending on the US department of housing and urban development for a unit of similar size.fines will be levied on a daily basis if in violation.
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2 March 2024 | 9 replies
Anything on the MLS seems to not have cashflow in them and if something does look like a great deal it doesnt last.