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1 December 2024 | 32 replies
While you shouldn’t categorize all tenants and it’s the landlords responsibility to properly screen, the tenants who reside in better situated housing and pay higher rents are more financially responsible meaning lower rate of rent loss and will generally take better care of the property which combined will result in less time allocated towards management functions if self-performed or more favorable management fee structures if 3rd party management companies are utilized (which ties back to #1, as well).
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24 November 2024 | 5 replies
@Harsh PoshtiThis will be dependent on the area and I would recommend you perform a market study to determine which project would yield better results and if either is even viable.
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23 November 2024 | 6 replies
First, I’ll send my hopes and prayers to the seller that you can perform.
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25 November 2024 | 2 replies
From a performance standpoint, I see a big change.
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26 November 2024 | 4 replies
To maximize the tax benefits of STRs, it’s essential to track your time and other people's time spent on the property, avoid staying in the property more than 15 days, and perform a cost segregation study to accelerate depreciation.
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26 November 2024 | 86 replies
.- If the OP is generally telling the truth, we will expose the syndicator's performance and behavior in threatening and suing their own investor as far and wide as we possibly can.
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26 November 2024 | 22 replies
The problem is NOT the use of remote entity as any fraudulent activity will fall back on the individual performing fraudulent acts.
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28 November 2024 | 13 replies
I've got 2 condos, a 2 bed at Maui Banyan and a 1 bed next door at Kihei Akahi.I'd definitely agree with @Patrick Franta - from my experience as well, the 1 bed unit has performed better.Also props to @Mike Neubauer for sharing his knowledge and experience with me - I'd definitely recommend you take him up on his offer if you have questions etc.I recently heard that the County of Maui is considering a ~50% increase in property tax for short term rentals from the current $9.37 rate to $15.41, equal to what time share units pay.
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27 November 2024 | 16 replies
Note I am not stating I find this ideal, but if an operator has outstanding performance record, I may be able to tolerate sub-par communication.
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23 November 2024 | 9 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.