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1 June 2020 | 8 replies
It wasn’t until I decided to stop that nonsense and model what they were doing that I was able to start buying houses again.
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12 July 2020 | 5 replies
Not sure about the legal aspect, however, I see a slightly different model of managing reservations and cleaning personnel. - Find a person, who lives nearby, willing to come an clean the apartment on demand for a fee.- Set up a lockbox to allow guests to check-in at any time (early/late arrivals are quite common, I'm sure you are aware of it)- Hire a virtual assistant, who can help you professionally manage all the incoming requests, reservations, and overall communication with guests.Feel free to reach out to me or visit our page (revolvio.com) if you need any help with VA and Airbnb management.
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11 July 2020 | 6 replies
So you can go the California model and hang on when it stagnates not making much in NOI.
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20 July 2020 | 11 replies
. - I have 6 coaching clients who I have helped get properties using the BRRRLO Model so far.Increase cash flow by another 5k this year. - I haven’t done a full accounting yet but with the cash flow from the newly purchased properties, the purchase of the new mobile home parks, the refinances, and the debt pay down from the cash out refinances, I believe we are between 3k and 5k increase for the year so far.One of the things that I have done to pivot from the COVID pandemic was I slowed buying in order to accumulate more in reserves.
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17 September 2020 | 5 replies
You could add the rent-by-the-room model as a third option, as these clients of our did.
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26 January 2021 | 7 replies
It's easier to explain the business model to someone who already has experience with cash flow real estate investing.
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31 March 2021 | 9 replies
You and your company are a model for the industry,
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28 March 2021 | 4 replies
The marketplace model is a tough two-sided problem to solve for any endeavor.
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16 January 2022 | 108 replies
I was resourceful at obtaining capital, but by doing a side hustle to come up with the initial capital, and by doing massive amounts of homework and being able to show exactly how things work on spreadsheets, and with a full business model, I was able to find a couple investors.
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22 April 2018 | 15 replies
I would politely decline and let her know it is not your business model.