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30 November 2019 | 10 replies
Do your investors have an expectation of profits based solely on your efforts, skills or experience?
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15 December 2019 | 2 replies
I do agree, this industry requires a lot of effort and if you put the work in, you will reap the rewards.
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4 May 2020 | 4 replies
It apparently doesn't so use this as a learning opportunity for future renters.The law typically requires you to make a "good faith effort" to find a replacement renter, then you can only hold the original renter liable for rent up until the new tenant takes over.
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30 January 2020 | 5 replies
My main pain point at this time is shortening my learning curve via good resources and effort, then getting a few deals done.
24 January 2021 | 19 replies
To this point, I have not found it worth the cost and effort for any of my properties to open the floor plan, but that could be tied to my market and price point.
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14 June 2018 | 10 replies
I suspect that a large percentage performed the flip for the learning experience but not by plan; they expected a profit that was not achieved.It would be safest if you realize your first flip could lose money and, if it makes money, the financial compensation likely would not justify the effort and risk.Ideally you would have gain some key knowledge and maybe some skills that could be leveraged on your next flip.
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21 September 2022 | 31 replies
Air BNB in CA is at risk of anti STR regulations, require a lot of effort to setup and get started, and in CA do not have good initial cash flow.
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20 September 2021 | 14 replies
I recommend that you focus your short term learning efforts on how to properly screen and manage tenants.
18 April 2022 | 2 replies
Lessons learned :one we were our own property management and wanted to go this route to learn the ropes and the understanding of what is involved in being your own property managementTwo Challenges are being first time property management it is more difficult than we realized and time consuming that’s where the difficulty came in as the amount of time and effort put into Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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11 December 2021 | 25 replies
I know I’m getting the newbie platform SEO boost, but still - Superhost is easily achievable at the first review period if you make a fairly average effort, and it’s not actually that hard to separate yourself from the pack on Airbnb if you just do everything you need to be doing to run a good businessGood luck hunting to everyone!