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14 May 2024 | 5 replies
Looking to get into my first STR in the next few months out in the Knoxville/Oak Ridge/Gatlinburg area(s)....I understand getting average daily rates, occupany rates, mortgage, saving for maintenance/CapEx.
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15 May 2024 | 6 replies
Lastly, what is your recommended self managing software for leasing/screening, maintenance, etc?
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14 May 2024 | 5 replies
Both of this will likely require real time conversations which will be difficult from India3) Maintenance when tenants are staying - I feel less worried about this as I can have the tenant coordinate with my chosen vendor (that I already have or can potentially find from India by talking to them on phone at night time in India / morning in the US).
17 May 2024 | 5 replies
The bookkeeper that you hire must specialise in STR's/Vacation rentals bookkeeping and should be on-board with all the tools and requirements you have.
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15 May 2024 | 20 replies
Had a tenant sign the lease and send the move-in fee and 1st month's rent then start asking a bunch of super high-maintenance questions.
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17 May 2024 | 6 replies
@Rich Emery if you're not EXTREMELY organized, you'll spend every day with your "hair on fire", making critical mistakes that cost your clients - and you'll get burnt out.Don't forget to research the licensing requirements of PMCs.
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14 May 2024 | 4 replies
Additionally, what are the typical maintenance costs for these machines?
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16 May 2024 | 4 replies
Q1) Is there a minimum interest rate requirement?
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14 May 2024 | 1 reply
Both VA and FHA loans are assumable, though the process and requirements differ.
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16 May 2024 | 8 replies
The spreadsheet does not take into account the turnovers, increased maintenance, and overall problems.