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25 March 2024 | 3 replies
This could also be a smart short-term rental strategy since golf courses are typically situated in well-established neighborhoods with easy access to other amenities.
26 March 2024 | 10 replies
I recommend sending a text stating that you're glad to have them as tenants, you look forward to meeting the new addition to their family due in just a few short months, that you appreciate knowing that the stairwell doors have been slamming close and that you will place a note on the door to ask that the doors be hand closed to help reduce that noise.
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24 March 2024 | 24 replies
I am in West Palm Beach and would recommend finding a multifamily property that you can operate units as a short term rental, as it would have much better potential to positively cash flow and also allow you to buy in nicer neighborhoods.
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25 March 2024 | 1 reply
Even then so, you can deprecate the value of these improvements (sometimes over a very short period of time, even 1 year) so it maybe a wash.
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25 March 2024 | 10 replies
Still, if it needs constant reno/repairs, just make sure its worth it and you've run your numbers properly.Yes, it really depends on what sort of life you want to lead, aswell as your investing strategy and goals:Just assuming that half your gross income goes to str related expenses and maintenance/renos, your yield on equity is about 6.9%.
25 March 2024 | 4 replies
Alternatively, you could open unsecured business credit lines and cards to tap for short-term use to cover down payments and closing costs (there's a company that specializes in helping real estate investors do this).
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25 March 2024 | 35 replies
Bought them both on short sale in 2017 and 2018 and have no issues keeping them rented.
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25 March 2024 | 8 replies
He was pleasant at first but now communication is snippy and short.
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24 March 2024 | 13 replies
If short term stays are allowed in your area, that might be another strategy to get some good reviews before switching back to a medium-term strategy.
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25 March 2024 | 5 replies
Make sure your purchase has a strong potential to over come the costs of those to taxes within a short time frame.