Katie Hartung
New to STR management for others and seeking your expert input
10 August 2024 | 8 replies
Here is what I proposed:Setup fees : Administration Setup:One Time Fee: $400Guidebook: Using professional photos give the guests a professional tour of the house and how the home works (Wifi passwords // How to use grill // How to use propane fireplace // Hot tub instructions // Sauna instructions //Check in and check out instructions //where extras may be storedOTA (Online Travel Agency) setups: taking professional photos and actively updating your listing on popular platforms;PMS (Property Management System) Setup Smart Pricing Set upWebsite integrationOther (furniture arrangement / design / décor shopping and set up) $50 per hour· Placement fees · Marketing Cost: Variable depending on needs/wants for marketingFacebook AdsGoogle Ads Cleaners: Set up procedures/take pics of expectations· Management fee—30%Guest communicationCleaner communicationSetting Rental rateDealing with small maintenance issuesBooking CoordinationSmart Lock integrationKeeping supplies stocked (TP, paper towel, all cleaning products, coffee, filters, creamer, sugars, teas,)(Receipts would be submitted on a monthly basis for either reimbursement or book keeping purposes)Encouraging guests to leave good reviews by periodically checking in, providing a review template, and ensuring guests receive the amenities they are looking forContinued marketingMajor Maintenance fees—OwnerCleaning and laundry services fees: Cleaning fee to the guest depending on how cleaner wants to charge
Armando Carrera
Where to focus on next?
8 August 2024 | 3 replies
Getting my RE license is a good idea.
Scott Bergmann
Recommendations for a Real Estate CPA in Omaha?
8 August 2024 | 2 replies
Hello all,Business is going well, and most of you know me as an investor focused Realtor in Omaha and in the next couple months I have the amazing opportunity to scale that business exponentially as the Acquisitions Director for an amazing Real Estate Company (more info to publish later) but I am actually seeking recommendations for a good real estate tax professional who serves the Omaha area.Basically I am already formed as S Corp but I am forming an LLC (potentially under my S Corp) with myself and the contractors I work hand in hand with to renovate properties with the intent of serving under one "legal" roof when we assist investors in finding and renovating properties for investors and want to make sure we set ourselves up as strong as possible.Any recommendations?
O Samuel Adekolujo
[Calc Review] Help me analyze this deal
8 August 2024 | 1 reply
I would guess between $600-$1,000 annually would be a good estimate for a rental house based on what I have in my portfolio... so I would decrease the $187/month to about $80-$100 per month.
Aramazt Tanashian
Advice on building my real estate dream team!
9 August 2024 | 6 replies
If you feel any team members aren’t a good fit, you can always seek alternatives.
Hai Le
Center Street Lending
8 August 2024 | 5 replies
Good morning, has anybody had experience using Center Street Lending for loans/DSCR loans?
May Mirzaei
Investing in San Bernardino County
8 August 2024 | 4 replies
I would pick Rancho Cucamonga, but good luck finding something that cash flows.Good Investing...
Bj Ayoleke
Looking for an investor agent in NY or Rochester NY
8 August 2024 | 9 replies
Always good to get a better opinion on it.
Michell Chase
Just closed on 1st investment using conventional, can i purchase 2nd right away?
8 August 2024 | 7 replies
I am interested in purchasing a 2nd multi family right away while the market is good in that area.