
3 July 2024 | 24 replies
The combination is that high LTV financed RE is not only at an all time high but in terms of inflation adjusted cost is at greater than 40 year high.

1 July 2024 | 2 replies
Two units are year round, two are mid term.

6 July 2024 | 12 replies
Based on my experience working with real estate investors and property managers, here are some common arrangements for local handymen and maintenance personnel for short-term rentals:On-call basis:Pay a set fee per call-out (e.g., $50-$100 per visit)Hourly rate for time spent on-site (typically $50-$100/hour)Additional charges for parts or materials usedRetainer agreement:Monthly flat fee (e.g., $200-$500) for basic availabilityAdditional charges for actual work performed beyond a set number of hours or visitsPer-task pricing:Agree on set prices for common tasks (e.g., $75 to unclog a drain, $50 to replace a lockbox)I like the per-task pricing as long as your maintenance calls aren't super frequent.I'm also a hard money lender if you're looking at a new deal to get quotes on soon or if you're looking to refinance a property soon!

3 July 2024 | 14 replies
Newbie here - 2 weeks into my first property, I plan to house hack short-term rental (live in basement, rent main house) in Nashville.

6 July 2024 | 22 replies
They have been long-term tenants, and the prior landlord was apparently chasing the rent quite a bit.

5 July 2024 | 19 replies
I've never stayed in a hotel or short term rental where I couldn't control the temperature.

6 July 2024 | 6 replies
It's set to open in 2026 - I think that will be big for that area and short-term rentals.

5 July 2024 | 11 replies
@Rob WallaceCredit unions typically do not lend to LLC’s I will focus on another topic - I strongly recommend your operating agreement have terms preset if things personally go bad and one has to buy the other out.

6 July 2024 | 11 replies
Now both sides are long term rentals for me.

5 July 2024 | 3 replies
Prepayment penalties- usually 1-5 year terms.