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10 February 2025 | 59 replies
However, I notice that Personal Injury is not included and I'm thinking that may be important to have for a Short Term Rental.
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19 February 2025 | 32 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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11 February 2025 | 25 replies
We would just go back to PropertyMeld, but there is not integration.2) reports. reports are very limited in the information you can include on a report.
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29 January 2025 | 15 replies
For example: We provide tax preparation and advisory services to people who invest in commercial (including multifamily) real estate, and high w2 earners investing in short-term rentals.
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30 January 2025 | 1 reply
I also worked with a great lender who helped navigate financing options, including my HELOC, to make the deal happen.
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25 January 2025 | 8 replies
Whether it's optimizing listings on OTAs, leveraging social media, running targeted ads, or using dynamic pricing tools—I'd love to hear what’s working for you.Some strategies I’ve been exploring include: Enhancing property listings with professional experience photography and compelling descriptions, leveraging Instagram and Facebook ads to attract more direct bookings, and utilizing email marketing to engage past guests.What’s been a game-changer for your vacation rental business?
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28 January 2025 | 19 replies
But ABNB felt so 'authoritarian' (once again for lack of a better word)....including stuff like removing my SuperHost status for a mistake of their own and not reinstating it once I proved them wrong.
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24 January 2025 | 6 replies
Part of those cuts included the short-term rental tax loophole, a strategy real estate investors can use to help mitigate their rental income tax by offsetting earned income with real estate losses, and could be renewed or extended.
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19 February 2025 | 9 replies
Then they tell me they didn’t get it and once resent said they couldn’t use because it didn’t include the appraisal value with reno.
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9 February 2025 | 15 replies
So far, my normal guy has quoted me $15,000 for labor, trash and debris removal and equipment rental (no materials included).