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Results (10,000+)
Louis Louisius When to refinance an STR
21 November 2023 | 7 replies
Hello, I purchased an STR for my first investment property for $725k and 20% down = $160kish after taxes at closingcosmetic fixes, repairs and and new appliances plus furniture $70K(I think this killed me a bit)house valuation after closing was $750Kcurrently all in $230Kafter monthly avg income I take home ~1,500k/monthcurrent comps in the area are $850k and upwhen can I refinance my str to get my money out so I can do a new/better deal. do I have to wait a full year to refinance or can I do it now
Kimberly T. What do you do with a vacant unit in an area that might freeze?
25 November 2023 | 13 replies
There were broken water pipes, broken heat pipes, ceiling and floor damage, carpet damage, furniture damage, etc, costs $46,000.If they had hot air heat, they could have turned the water off and drained the lines and would have had little or no damage.We often use a plumber to winterize, they drain the lines and blow out all the lines with compressed air and put RV antifreeze, non toxic in all the drains and toilets.
Berron J. Permits needed for midterm rental
27 November 2023 | 2 replies
Look into the size of your property and see if there is demand before you commit to all that furniture and houseware. 
Eliu Rosario MTR and ALE
10 September 2023 | 20 replies
They only pay accommodation and furniture rental. 
John Landskroener Short Term to Long Term
15 November 2023 | 4 replies
They all said they would go back to STR at some point once the market improved, which is why they did not want to remove the furniture and put it in storage or sell it. 
Jennifer-Lee Fox Hello from Upstate New York, a hidden paradise
28 December 2022 | 11 replies
That could be a small price to pay for having access to arguably the best outdoor vacation sports in the Spring and Summer though.
Steve Maye Looking at short term rentals for the first time. Need advice
14 November 2023 | 28 replies
Here are fees from property managers you can expect (but do note that it will vary):- Property Management fee: 20-30% (depending on the market and I think I've seen higher than that)- Repair Management Fees: Fees are tacked on top of actual cost- Setup Fees (getting the unit ready)- Design Fees (hiring a designer)- On-boarding Fees- Linen Fees- Cleaning Management Fees- Any other fees (i.e. resort fees)Expenses to expect (may vary):*Some may be covered by the property manager*- Supplies & Linens, Propane tank replacements, Water filters, - Utilities (water/sewer, garbage, electricity, WiFi)- Permit fees, TOT (local and/or state), business license fees, HOA fees, and any other local fees- Maintenance (air filters, touch up painting, plumbing issues, and etc)- New Amenities/furniture to improve listing as time passes - Upholstery cleaning- Pool & Hot tub cleaning - Gardener - Security Camera subscription- Noise / Smoke / etc monitoring - OTA service fees- etcI hope this helps!
William Price Security Camera Recommendation
22 September 2016 | 7 replies
You could go for the outdoor dome cameras.
Stephen Kunen Security camera recommendations
16 June 2023 | 9 replies
i got in a company called BLINK as a start up. they are owned by Amazon now. i love my systems they work off of WiFi. the cameras are completely wireless the single AA battery lasts about a year and they have indoor and outdoor versions.  
Dado Vucak STR Automations for Self-Managers
21 September 2023 | 23 replies
If they are in the home they are free to lower it back down, but most people are outdoors in FL during the day.Also you may already be aware that AI is being somewhat perfected to handle FAQ's.