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15 January 2025 | 2 replies
I know hosts have included additional cleaning fees for violations as a deterrent.If none of these solutions work, you could look into completely independent HVAC systems for the two units, though that would be a bigger upfront investment.
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15 January 2025 | 5 replies
For us, we only call people who have subscribed through our website and completed a form online.
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14 January 2025 | 4 replies
If this isn't required, then most likely having the GC sign a completion guarantee to ensure the project gets finished and lender is not stuck with a partially complete asset is the case.
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6 January 2025 | 1 reply
So feel free to reach out if there is something I can help you with related to your STR business.Alongside my work in revenue management, I have real estate investments in Canada, focusing primarily on long-term rentals.
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16 January 2025 | 10 replies
Several factors at play: the sales market has been slow so many would-be sellers are converting houses they can’t sell to rentals, lots of new construction units have been completed recently, and in-migration has slowed down a bit.
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20 January 2025 | 15 replies
I'm going to give it a full 6 months of use before I pass a complete judgement on it.
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13 January 2025 | 8 replies
Negotiating favorable terms like a low interest rate or interest-only payments for the first few years could help manage cash flow until renovations are complete.
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21 January 2025 | 6 replies
The replacement property and planned improvements must be identified within 45 days and completed within the 180-day exchange period.
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29 January 2025 | 22 replies
I completely understand the importance of maintaining a professional relationship with tenants, and I will definitely keep that in mind.To answer your questions, I am still working on narrowing down my price range, but I’m aiming for something budget-friendly as this will be my first purchase.