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20 December 2024 | 10 replies
Do the Airbnb discounting, price a little under market, make sure your cleaning fees are at or below average, looser cancellation policies will all help.
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28 December 2024 | 8 replies
Quote from @Jake Thorpe: In this industry, there is a lot of incentive to bend the truth, some say dont say x to the lender.. and if something happens dont say y to the insurer.
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24 December 2024 | 23 replies
I’m a lifelong learner and exactly doing what you have all suggested- reading, researching, attending meetups, plan to attend conferences etc so I can continue to grow and be knowledgeable in this industry.
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17 December 2024 | 20 replies
A paid off property at 5-6 cap rate should also appreciate at about 3.4% per year on average, so my real estate return at 8.4%-9.4% is reasonably close to what I'd expect in the stock market, and the income is tax advantaged.
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19 December 2024 | 3 replies
Real estate investing is forgiving; the average person can still make money even with some big mistakes.
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28 December 2024 | 24 replies
The state has always had many hurricanes and while insurance here is higher than the national average, our housing price to amenities ratio is one of the highest around.
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18 December 2024 | 2 replies
., and well above the national average of 4.1%.
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28 December 2024 | 23 replies
I work a lot, probably more than the average W2, but we also travel a lot, at least 6 trips every year.So that's what's driving me, numbers on a screen are nice, but they are not fulfilling on a personal level.
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15 December 2024 | 5 replies
I fully renovated the upper unit with well-above-average finishes, and it's been averaging ~$2,850/month in gross rental income over the past 12 months as an STR on Airbnb.
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15 December 2024 | 1 reply
The rental market here seems to be cooling and it's hard to pencil deals even if I rent by the room to achieve higher than average rents.