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5 June 2024 | 1 reply
While rental demand is going down, there continue to be more people purchasing properties for personal use in turn causing there to be an overall shortage of rental units available in season.
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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
These same owners also have no problem paying an attorney or CPA $150/hour or more.Many owners also don't respect their PMCs and try to treat them like a personal assistant at their beck & call.
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5 June 2024 | 116 replies
Nothing revelatory here - personal finance is personal.
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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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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4 June 2024 | 4 replies
If someone injures themselves and sues, they will be suing the LLC and not you personally.