Kimberlie P.
I Just opened my own STR Property Management Company!
29 January 2025 | 10 replies
Maybe start with a part-time ops manager or a reliable lead cleaner to free up your time while keeping quality high.
Jonathan Sanchez
Pricing Strategy - What is your approach?
16 January 2025 | 13 replies
Some of the national data sites have pricing suggestions that run both high and low.
Kaleb Johnson
Best Area For Starting Out
30 January 2025 | 40 replies
@Kaleb JohnsonRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Christopher Helwig
Multi-media Documentation of Flipping for Potential Buyers
9 January 2025 | 3 replies
To address this I took detailed pictures from beginning to end of my most recent flip, documenting that we did a thorough job using quality materials.
Gregory L.
Rent it or live-in flip it?
26 January 2025 | 2 replies
However, with high rates, the next mortgage would be very expensive, and a vacancy would be intensely expensive with two mortgages.
Rene Hosman
Have you ever offered rent concessions to entice potential renters?
17 January 2025 | 19 replies
There is usually not much that compares with what we offer, so we only compete apples to oranges, so incentives are not a good tool for us.The types of tenants we want (multi year) also respond better to an adjustment in rent than an incentive.
Monty Alston
Need creative advice to pull equity out of my home ?
18 January 2025 | 15 replies
Rates are high, usually in the high 8s or low 9s, and you may pay 2-4 points on the loan.
Rauph Souleimanov
Creating a website with Carrot or NO Carrot
28 January 2025 | 2 replies
Hi Ralph, A big part of SEO of a site is content, emphasizing quality, keyword optimization and user experience.
Nicholas A.
How many realtors to reach out to
27 January 2025 | 13 replies
@Nicholas A. your shotgun approach has a high probability of getting the exact quality you put into it.95%+ of real estate agent, many of them posting they are "investor-friendly", only know how to deal with owner-occupied transactions.
Vincent Weselak
Is Homeowners Insurance Cover Somewhere in the BRRRR Calculating Tool?
21 January 2025 | 3 replies
I am using the BRRRR Calculator and was wondering if Homeowners Insurance estimate was included somewhere or if I had to manually enter it somewhere?