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Results (10,000+)
Zach B. RV Park & Storage, Novice developer, seeking advice...
3 October 2024 | 3 replies
TIARV Park AND Self Storage~4 acres, commercial for $120K (google maps link)Pros: In city, city water & sewer nearby, city allows both rv park AND self storage in Commercial zone, ~$50K worth of timber on propertyCons: Neighbors nearby, traffic visibility not as good here, land needs to be logged/cleaned up - not a big deal reallySelf storage constructed probably out of shipping containers~3 acres, industrial for $135K (google maps link)Pros: clear flat land, higher traffic count between the coast and I5, seller will carry loanCons: zoning does not allow for RV Park, city services unavailable
Tate Kralik Exit strategy after total loss fire
3 October 2024 | 7 replies
Is it my responsibility to do a demolition/clean up then sell the land?
Keagan Scott STR Analysis in Nashville IN
4 October 2024 | 12 replies
That's 73 turnovers and at $200 per cleaning, we're at $14,600 for the year. $400 a month for utilities, $500 for misc expenses like toiletries, maintenance/repairs, landscaping etc. $150 a month for insurance (this might be low?).
Anthony Abruzzo New member about to be a long distance landlord
2 October 2024 | 8 replies
@Anthony Abruzzo while it is possible to remotely DIY manage, VERY difficult to do with zero experience.
Meghan Begue Is Colorado's Multifamily Market Still a Good Bet for New Investors?
6 October 2024 | 12 replies
However, there are some challenges to keep in mind:Regulatory Variations: Regulations can vary widely between locations and are constantly evolving.Active Management: STRs require more hands-on management for guest turnover and communication.Additional Costs: Don’t forget about expenses for furnishings, cleaning, and possibly hiring a property manager.If you’re looking for STR-friendly areas, consider these locations, as others can be too expensive to consider, such as Snowmass Village or Aspen:Breckenridge: The most visited ski resort in North America, attracting around 3 million tourists each year.Steamboat Springs: A popular year-round destination for winter sports and summer activities.Keystone: Great for those wanting a less crowded resort experience.Divide & Florissant: Charming mountain towns close to Colorado Springs.Fairplay: Just 30 minutes south of Breckenridge, with an impressive 82% Airbnb occupancy rate.Cripple Creek: A former mining town now known for casinos and outdoor activities.Park County: Very Airbnb-friendly, though regulations may change.Here are some strategies to help you succeed in the STR market:Hybrid Model: Consider using some units for STRs and others for long-term rentals to balance income.Research Local Regulations: Always check the current rules in your target areas before investing.Year-Round Appeal: Focus on locations that attract visitors in all seasons.Quality Furnishings: Invest in quality to justify higher nightly rates and attract better guests.Dynamic Pricing: Use pricing strategies to maximize revenue during peak seasons while maintaining occupancy in the off-season.Stay Flexible: Be ready to adapt your strategy as the market and regulations change.While Colorado’s STR market offers exciting opportunities, it’s essential to approach it strategically.
Shane Quin Tree Roots growing into plumbing
2 October 2024 | 10 replies
See if they can run the cutter through there and clean it out.
John Arena How to change PM?
2 October 2024 | 4 replies
You might be better with an experienced co-host and Airbnb expert and a handyman with cleaning crew.
Spencer Meng House Hacking with Multifamily
4 October 2024 | 9 replies
Could help you afford a larger/nicer property while still giving you a clean living/ownership structure.
Dina Schmid What Interest Rates Are You Seeing?
7 October 2024 | 38 replies
It's going to be a lot of work to restore and clean up.  
Stuart Udis Don't let the cheerleaders drown out sound advice
4 October 2024 | 16 replies
Compare that to my sec 8 building in suburbs I am constantly texting these low lifes to get their tiny portion of the rent or to get roaches out of their units because they refuse to clean properly.