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10 March 2024 | 12 replies
Identify and work with a STR-knowledgeable realtor, and lean into understanding what it takes to succeed in STR.
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11 March 2024 | 16 replies
This approach not only simplifies your journey but also helps you stay resilient amid the inevitable ups and downs of the market.
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11 March 2024 | 6 replies
We are looking at the Texas market primarily and our only caveat is that we need to stay living here in Vegas and still are on our lease as renters.
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10 March 2024 | 2 replies
Ensure that the commercial rental insurance policy includes coverage for the company's stay in the property.Include Legal Language: The lease amendment should clearly state the terms and conditions of the arrangement, including responsibilities for maintenance, utilities, and any other pertinent details.Seek Legal Advice: Consider consulting with a local attorney specializing in real estate to ensure compliance with Arkansas rental laws and to draft the lease amendment accurately.Document Everything: Keep thorough records of all communications, amendments, and agreements between you, the company, and Avail for future reference.Good luck!!
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9 March 2024 | 8 replies
I join with the hopes to gain knowledge and to eventually, make my first real estate purchase.
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11 March 2024 | 19 replies
Adam, Thanks for sharing your knowledge of Pueblo West.
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10 March 2024 | 2 replies
We have little knowledge about the area and hope to get some advise from your local pros/investors regarding the cap rate, vacancy rate and NOI for such property in a C to C+ neighborhood.
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10 March 2024 | 0 replies
In the 3- Star property segment, price declines were less pronounced, falling about 15% from the peak where deals once traded for approximately $210,000 per door.In addition to asset quality, investors adapted their approaches to stay ahead of rent growth, leading to noticeable shifts in sales volume rankings.
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11 March 2024 | 12 replies
Yeah, my only STR's are/have been former primary residences that are in my portfolio because I didn't want to sell them, and because I've had so much demand on them they end up being MTR's (one STR guest stayed for 2 years lol, paying STR rates).
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11 March 2024 | 39 replies
You still have to do the work which it sounds like you have done and are willing to do but it’s about leveraging the knowledge of others and using all your resources to the fullest that creates true generational wealth as apposed to a little cashflow.I have spent over $300k on mentors, training, personal and professional development.