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15 September 2021 | 2 replies
I would strongly encourage anyone reading this post who has used that site as guidance in the past to do the same.My normal practice when determining market rent is to use a range of factors, that include GoSection8 data, the local housing authority's published rent matrix, information from Rentometer, from Zillow's rent estimator, and the MLS.
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14 November 2021 | 18 replies
You can use Realtors directly as well, but the expense will likely be in the same range.
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16 September 2021 | 5 replies
That is possible in your price range but it might be further out than you want.
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17 September 2021 | 6 replies
Additionally, I would say realistic ARV would be in the 150k range.
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16 September 2021 | 2 replies
I'm working with some JV partners now to try to find something in the 10-30 unit range.
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24 September 2021 | 26 replies
If you sold, you could look into doing a 1031 exchange to defer the capital gains, and use the ~$450K proceeds as a down payment on a MFH in the $1.5 - $1.8M range which at a decent CAP rate would bring you much better returns than what you're getting now.
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20 September 2021 | 49 replies
If you are utilizing a channel manager on your own, I recommend VRBO (90+ days out) for long range guests (older clientele, who typically have more time and can plan our their stays further in advance) and let ABNB (0-90 days out) bat clean up.
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6 January 2022 | 8 replies
I think these are realistic numbers: neither a fantastic property nor a terrible one (and notice I've set the manager's fee at the top of the usual range).
17 September 2021 | 5 replies
However plowing, shoveling, and salting has not been an insignificant cost for us, probably in the range of 3-5%+ of our gross income (depending on how much salt they really use).