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14 April 2019 | 6 replies
@Renee BaconWith my recollection some of these investors have real estate licenses and some dont.Example: They rent property in Ann Arbor or Royal Oak on yearly lease; then do STR for daily or weekly for VRBO's etc.
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4 April 2019 | 7 replies
I would suggest compiling a list yourself based on your own investment criteria and what market you are focusing on.For example, some of the things we look at: 3 and 5 mile population and population growth3 and 5 mile facility square footage AND pipeline (how many existing + how many are coming online soon... you don't want to be leasing up at the same time as a competitor)Daily traffic / visibilityOccupancy of competitorsBarriers to entry (lots of other areas zoned for storage?)
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4 April 2019 | 8 replies
Syndication of an existing (hopefully) stabilized hold of you will.I heard about this one from one of the financial bloggers on a podcast that reads them to you called Optimal Finance Daily.
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8 April 2019 | 28 replies
Update it daily, weekly, or as required.To track monthly income & expenses for tax purposes, I use one spreadsheet per property per year.If you're comfortable using cloud products, you could store these various docs there and have access from anywhere (e.g.
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7 April 2019 | 51 replies
I had to start running my own open houses and showings.I sent them leads daily from ads I took out and listings I created on various sites (beyond the standard ones).
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20 December 2019 | 7 replies
Hi @Ethan Smith, do you have more information about the property such as ADR (Average Daily Rate) and RevPAR?
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7 April 2019 | 45 replies
@Justin Scott I reccomend looking at Zillow or wherever you see most of the rentals listed on a daily/weekly basis.
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10 April 2019 | 89 replies
I do, however, have a vacation rental property management company that I have staff manage most of the daily tasks.
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7 April 2019 | 3 replies
This spreadsheet converts annual interest into a daily rate and multiplies by the principal balance, appropriately.
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28 February 2019 | 10 replies
I also noticed some warping on the cheaper doors & found the solid pine inside was being replaced with moisture prone chip board.