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10 January 2025 | 17 replies
@Zach Howard some copy & paste advice below:)-------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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4 January 2025 | 9 replies
Too bad other hosts don't consider the new expectations we're receiving not only from guests but also OTA sites.
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11 January 2025 | 15 replies
Maybe I'm naive, but I always expected Florida's rates to be worse.
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11 January 2025 | 14 replies
Then ask them how they can expect you to pay for repairs you never approved.If they are ethical, they will work with you.If not, it's probably time to find a better PMC.
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7 January 2025 | 5 replies
@Ezra Avery you might want to read below to understand Classes of Property/Tenants.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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16 February 2025 | 29 replies
•Turnkey is viable but expect to pay a premium.
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4 January 2025 | 11 replies
However, just to set expectations, they most likely won’t make any changes unless there’s a clear error in the valuation.That said, since the $1,000 increase works out to about $83 per month, I’d suggest checking what the market rents are in your area.
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2 January 2025 | 7 replies
As far as rates I see them declining slower than expected but lowering nonetheless.
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13 January 2025 | 31 replies
Not sure how you are expecting members here to assist you, when you keep making excuses to NOT help yourself?
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25 January 2025 | 25 replies
While there are some markets I feel are so saturated it is near impossible to be successful in todays market (Orlando), in most competitive markets you can be successful if a) have reasonable expectations and b) do everything right (price, location, pro design, pro photos, etc etc).