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29 May 2024 | 36 replies
They can just go to Airdna and check how much money the average short-term rental in Punta Cana makes and they'll have an objective answer.Finally, I'm getting bombarded by messages from Dominican developers building short-term rentals in Punta Cana so, when looking at the statistics, bear in mind that the supply and therefore competition is going to increase significantly.My dear friend, due to the tourist, real estate and industrial development, there are approximately 100 all-inclusive resorts along the entire coast of Punta Cana, Bávaro and Miches, Grupo Punta Cana is the pioneer company in tourism and development of the Punta Cana and Cap area. cana, this same company is building the first and only Hublogistico in the entire Caribbean, guaranteeing thousands of jobs not to mention that each all-inclusive hotel generates from 1 thousand to 4 thousand employees depending on the hotel, not counting jobs in the construction sector, airport, local businesses and also businesses to supply the large demand for food and products in the hotel sector, including the entertainment and art department of hotels.Since you mentioned that it is impossible to compete with an all-inclusive, obviously a 100-square-meter apartment cannot compete with an all-inclusive with 1,000 rooms.
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28 May 2024 | 7 replies
I actually like the suggestion you gave for the second home, I just don't know how I would swing it since we're targeting it as an add the the investment holding company as opposed to a solo purchase for myself.
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28 May 2024 | 3 replies
Hi Everyone,I have a unit whose gas wall heater just got tagged by the gas company for leaking CO.
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29 May 2024 | 9 replies
Moreover, there are leasing companies such as PadSplit and HomeRoom who implement this daily, but for your property size/scale, I don't believe they'll be necessary.
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28 May 2024 | 6 replies
No property management company in LA is going to help you rent by the room.
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28 May 2024 | 42 replies
Leasing out property to a management company.
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28 May 2024 | 26 replies
The credit score helps determine your rate and available leverage.
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28 May 2024 | 9 replies
Two years ago, it was higher and sellers wanted money hard day 1 in a lot of markets.I would ask brokers and property management companies and attorneys in the marketGood Luck!
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28 May 2024 | 8 replies
As a result, we're calling another appraisal company out and it's going to take a few more days before we wrap up.
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28 May 2024 | 1 reply
I've heard Stessa and Buildium for the most part but find it's actually very difficult to use for the average small scale landlord (I have 7 doors)The cost of Buildium I think is way too high for the small scale self managed landlord like myself. 7 units comes to $55/monthAs for Stella, the UI isnt the greatest and probably tailored for more property management companies, and the accounting features are rather lacking for Canadian tax laws.