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9 July 2024 | 2 replies
What insurance are you all using for furnished medium term (30 days and more) private room rentals?
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9 July 2024 | 2 replies
Hi Sharon,If you've found a good and qualified company/person to do the rental arbitrage on your property, that's fantastic!
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8 July 2024 | 2 replies
Hi Shane,It's generally advisable to maintain separate accounts for operational funds and rental income.
5 July 2024 | 3 replies
Analyze rental demand, vacancy rates, and property appreciation trends.Property Suitability: Choose a property that will be attractive both as a rental and as your future primary residence.
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8 July 2024 | 11 replies
The employment GAP isn't always an issue as long as you're now a W2 employee, can show 30 days of pay stubs (not self employed), and you can provide a letter of explanation stating the cause of the employment gap.For a VA loan, in order to use the rental income from the other units you'll need:1.
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8 July 2024 | 12 replies
They have provided us with actual data quantifying how much a certain amenity adds to your short-term rental revenues.I tell all my STR investors/second-home buyers in Colorado to get a hot tub, for instance, but while I know you do better, it's been hard to put numbers to it.AirDNA's March report has tried to tell us how much more revenue a home with X amenity gets over a home without X amenity.
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9 July 2024 | 11 replies
Hi Cameron, based off what you’ve explained I believe you could go several routes but a heloc would be great considering you have the equity in a rental already.
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9 July 2024 | 2 replies
The ultimate goal is to start scaling and eventually would expand into another state such as South Carolina for short term rentals.
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10 July 2024 | 7 replies
I rehab for selling and rentals, I think sticking to the same products is always safe.
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9 July 2024 | 4 replies
Any help or suggestions on structuring commission pay / pay formulas for sales reps for rentals ?