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4 February 2019 | 5 replies
Good points on triple checking the local ordinances which I will do to dot that "i" but the local economy is highly dependent upon tourism and given its rather remote location there aren't many hotels but there are similar STR businesses in the area.
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26 September 2018 | 11 replies
You might find a part-time property manager or might do it yourself (even remotely).
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26 September 2018 | 3 replies
I believe it is some sort of govt program where you put down a very low amount, and it's available for buyers in more remote/rural areas.The sellers have now told me they talked to the USDA about it and all I know for now is that the USDA is now going to come and take a look at it to see its current condition.
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6 February 2022 | 12 replies
Check out my article about the Cons of BRRR.https://www.biggerpockets.com/... this is coming from an Accredited investors POV who used to do turnkey rentals.I personally would not do Remote BRRR as there is just a lot of risk with 1) risk of embezzlement with contractors 2) change orders and 3) bank doing bait and switch doing a lower appraisal and/or LTV on the refinance.This is especially true for high paid professionals or those with a net worth of over $300,000.
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10 January 2024 | 4 replies
During these trips we still managed our 7 Self Storage locations remotely from those trips.
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7 August 2017 | 19 replies
So, you can replace the majority of the features that a PM tool offers you with the added benefit of a great P&L, budget vs. actual and cashflow analysis.”
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17 April 2018 | 19 replies
the chance you can ONE off find all these folks at a PRICE you need to .. is remote at best.I just cringe at that pod cast and book.. but again personal opinion and i am sure many think i am nuts..
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22 April 2018 | 3 replies
All you need is a property manager (I am not one) and you can run a multi unit remotely.
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19 October 2021 | 17 replies
There were a few more features like one that saves pics for records/ walk through ect.
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30 November 2018 | 37 replies
I didn't know about google my maps which has some great features to help me track things!