Greg Maden
STR management in Hudson Valley NY
12 November 2024 | 1 reply
We would handle the guest communication, coordinating cleaning, minor repairs, stocking supplies, calendar management, etc.
Henry M.
What Constitutes a Lowball Offer and Consequences
15 November 2024 | 8 replies
Their approach resembles the BRRRR method.For example, we have a 3-bedroom, 2-bathroom home in fair condition (requiring less than $20K in cosmetic repairs) that has been on the market since August 2024.
Josh Anderson
Newbie just getting started
12 November 2024 | 5 replies
I'm looking for a 10-20 unit, built after 1960, needs repairs and the unit mix are 1 bed and 2 bed because most people don't rent out 3 bed.
Ram Gonzales
Please help analyze 4plex deal
11 November 2024 | 13 replies
Here are the numbers I know so far:Rents4 units all currently occupied on one year leases- #1: 1/1 $995 monthly- #2: 1/1 $995 monthly- #3: 1/1 $995 monthly- #4: 2/1 $1,100 monthly- Gross rents: $4,085 monthlyExpenses- $12,070 taxes annually- $350 monthly insurance (my estimate, they have liability only right now)- $175 monthly landscaping- $120 water (electrical on separate meters, tenant pays)- Total expenses: $1,651 monthlyNOI around $2,434 before vacancy, maintenance, and management (although i would likely self-manage these)Property needs about $50K in other repairs and udpates from what I can see.
Andres Triveno
How to structure short term rental ownership
15 November 2024 | 13 replies
If you don't allow someone to access the property when they paid to do so, that sort of thing.Negligence is when you don't make a repair and someone is injured.
Chris Packer
Own a commercial Building and Need advice on what to do next.
11 November 2024 | 5 replies
Since repairs are essential, doing the HVAC and roof as cost-effectively as possible will boost rental value and make refinancing smoother.
Henry Rodriguez
build adu on property or purchase another property ?
14 November 2024 | 10 replies
I would make sure they are both up-to-date on repairs and mechanicals before investing in a third asset that could have repairs come due all at the same time as your others.
Stacy Buzon
Over-analyzer, Type-A, Newbie!
14 November 2024 | 5 replies
Think about how you can make these properties better for the next person to live in, whether through repairs, renovations, or improving the management.
Arron Paulino
Squatters and Thiefs Keep It Up
11 November 2024 | 29 replies
Property management has been aware of the situation but can only do so much even with constantly redoing what is being removed and repaired.
John McCarthy
How to deal with a very difficult tenant
9 November 2024 | 7 replies
Like most states, Georgia gives you the legal right to enter for inspections, repairs, or showings.