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14 November 2024 | 10 replies
I am also looking for information regarding fee structures, and what item's that should be and should not be included in the management fee calculation.
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18 November 2024 | 12 replies
Have you modeled out a vacancy period post sale-leaseback term?
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14 November 2024 | 6 replies
A STR is both a business and a real estate investment.Having little oversight on a newly formed business would make me anxious also.As others have suggested, you should consider going to the area for the initial items(Purchase, renovation, etc).Once you buy 1-2 properties, you can look to unload these items to someone else.Best of luck
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21 November 2024 | 23 replies
I've even heard of GCs using auction type settings for returned items at Home Depot and Lowes for steep discounts.I've learned a lot about the GC game as I was up close to over 40 projects last two years and some went well and some did not and when they did not it was all Contractor related.If a GC isn't sourcing cheap materials at the same time milking the hell out of his 150-200 per day workers, then you can find yourself eating into your margins real fast.
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20 November 2024 | 37 replies
I've been trying to find some folks that would be open to developing it into what amounts to a 0% down investment property financing model.
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18 November 2024 | 14 replies
Water heater 12 years to replacement (may need some service before replacement).Recognize many cap ex items are years away.
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13 November 2024 | 24 replies
We have had a couple evictions and I agree that the model is not the best for property owners.
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16 November 2024 | 26 replies
The resources are abundant - spreadsheets, contracts, tangible items to help you succeed.
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5 November 2024 | 6 replies
Sorry not an expert in the padsplit model but did you analyze what it would bring in as a whole home rental?
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14 November 2024 | 3 replies
We can't do the inspection until all 3 of those items get installed.