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28 January 2014 | 20 replies
We plan to sell the units to 2 different owner occupants.
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2 March 2010 | 2 replies
Adding a simple clause to your Lease Agreement similar to the following may save you a ton: Tenant is liable for any damage caused by the occupants of the property including, plumbing, electrical, and acts of vandalism.
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12 May 2014 | 10 replies
So here are my lessons learned: 1) Ensure to compare your rents for the vacation rental at the occupancy rates suggested by @Evan R. or less.
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31 May 2019 | 18 replies
It keeps the property looking in tip-top shape, the landscaper can keep eyes on the property more frequently than you can, and they can bring in extra help when there's an issue with the fence, sprinkler, fallen tree, etc.I want my properties to look better than owner-occupants' yards.
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1 June 2019 | 5 replies
https://www.biggerpockets.com/member-blogs/10042You should be able to leverage the booking sites (Homeaway, VRBO, Airbnb) to get decent metrics and you can check out Airdna.co to see high level occupancy and daily rates for general areas you are looking at for free.
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5 June 2019 | 6 replies
(This would obviously be the best case scenario) I heard possibly using the number of occupants allowed that this might be possible?
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14 June 2019 | 15 replies
I hate to be the bearer of bad news, but if you are living in it and paying property management the rest of the year, you will not cash flow. 20-25% property management for STRs quickly eat into most cash flow when buying in todays FL market.the STR market is saturated and continues to get worse. in turn you have less occupancy and less income. in the next year or so, we will evaluate if the STR market is viable anymore where we are at.
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22 July 2019 | 25 replies
Occupancy rate is not as important to me as gross/net revenue.
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5 March 2019 | 96 replies
Her kids are now out of high school, so location is not as important as it was when she first started renting from me.But when she leaves I will have had at LEAST 3.5 years of 100% occupancy, 100% on time rent.
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20 August 2022 | 36 replies
They only want owner occupants.