Angelo Llamas
Paying for the utilities
28 January 2025 | 2 replies
What would one of you suggest for a medium term operator whose tenants may be over using a specific utility like gas or electric.
Jerry Zigounakis
First STR Advice
27 January 2025 | 9 replies
I will say that even though you get the boost from VRBO and AirBNB, the first year of operation is usually lean as you build up the rep.Offering a discount on the stay is a way to be more attractive but don't go crazy.
Myles Jordan
Seeking Advice On Starting
17 January 2025 | 5 replies
If you can come in and operate effectively I think you'll find success rather quickly due to that.BTW - for a property management platform I would highly recommend Buildium.
Bob Willis
DSCR for acquisition of existing PadSplit
16 January 2025 | 21 replies
The plan is to keep operating the property as a PadSplit post-acquisition.
Andria Kobylinski
Boutique Hotel Investing - Financing
21 January 2025 | 15 replies
These guys operate like flies on the wall.
Devin Peterson
Commercial property STR lendnig
20 January 2025 | 2 replies
Does anyone represent a wholesale lender or is a broker that knows of a lender who finances commercial (multifamily) properties that operate as AIRBNBs?
Paul Lucenti
Strategic ways to scale
23 January 2025 | 8 replies
Each should be able to operate on its own.
Jonathan Small
50% Rule vs DSCR > which do you use to calculate a good rental
15 January 2025 | 4 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.
AJ Satcher
Single HVAC System In a home with 2 units. Smells go right through duct-work!
15 January 2025 | 2 replies
For us STR hosts, I know we are very conscientious about guest experience and I want to be proactive about doing things to ensure my business operates successfully.Thanks!