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18 March 2023 | 96 replies
By leaving out vital information of what is required to effectively execute these methods like, TIME (we have over 900 hours invested and are far from the tipping point of success with this, we have the luxury of doing this full time most don't).
31 January 2022 | 5 replies
This situation creates multiple layers of unnecessary levels of liability and creates excess vulnerability.
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5 October 2023 | 44 replies
There are several layers to acquiring an STR/MTR and one of them is location, but if you leave out the other 6 layers, you could be stuck holding the bag and doing marginal, or worse, losing money because the other factors weren't considered.
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12 November 2023 | 14 replies
The going rate for a property manager is 8-10%, though I have seen it as high as 14% in the City of Portland due to the extra layers required for managing a property.)
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28 March 2023 | 27 replies
I prefer using awning.com which does NOT include cleaning fees.Either way, if I was buying a property, I would want a robust under-writing process of:1) on-line tools (airdna, awning, etc.)2) Local realtor/PM data3) enemy methodIn this market, I might then layer on a trend, seeing as macro data would indicate that STR's hit a a peak Rev PAN in 2022.
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12 August 2015 | 9 replies
Even if you are going to hire out all the work, I believe it's vital that you educate yourself in order to minimize the risk of getting ripped off.Depending on the answers to these questions, maybe a multi-unit is not the best way for you to start.
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31 October 2017 | 20 replies
He may not go without a fight, but if he doesn't agree to quit, serve him with 30 days notice to vacate and then evict.He can threaten with a layer all he wants but he is violating the lease and you have every right to get rid of him.
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11 September 2021 | 183 replies
The previous tenant got up on the roof and screwed a metal overhang to cover his grill directly into the roof- at the same time completely tearing a layer of roll roofing off with his feet.
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18 November 2023 | 6 replies
The next layer down, still good, can access cheaper capital from other sources.
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2 August 2021 | 3 replies
When you peel back the layers, there are really two types of valuations: a “market valuation” and an “internal valuation,” sometimes called a “personal valuation.”The market valuation is the broader market’s view on what a property is worth.