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13 July 2024 | 24 replies
Commercial agents have additional incentives to do "pocket listings" in order to increase the likelihood of avoiding a co-op commission.
12 July 2024 | 8 replies
Rents typically follow the "Common rents" of the neighborhood which your agent should know or have access to in most cases.
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12 July 2024 | 12 replies
It can help maintain or increase property value, appeal to a wider range of guests, and contribute to overall guest satisfaction and loyalty.Overall, hiring a professional designer for your short-term rental can elevate the guest experience, improve occupancy rates and profitability, and position your property as a desirable option in the competitive vacation rental market.
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11 July 2024 | 0 replies
These updates modernized the property, improved its curb appeal, and increased its market value.
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10 July 2024 | 15 replies
For a SFH that rents for $1800 that would be 17% Cap Ex.
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12 July 2024 | 7 replies
I plan to be posting in about 60 days when property is rented out.
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12 July 2024 | 1 reply
Hi all,I am looking at a potential rental acquisition where the home contains a garage conversion into a room and it is unpermitted.Note that seller has not included this room in the sq footage and i am not purchasing it with the assumption of conversion to permitted.If i were to buy and turn into a rental - is there any liability to renting it out with that unpermitted conversion?
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10 July 2024 | 34 replies
This bill that would hugely increase property taxes for STRs (after they just took a massive jump for all residential properties) just passed committee and is headed for the legislature.
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9 July 2024 | 2 replies
As the foundation of real estate investment analysis, underwriting allows us to evaluate potential returns and associated risks accurately, ensuring informed and confident investment decisions.Understanding critical metrics like Net Operating Income (NOI), Capitalization Rate (Cap Rate), Debt Service Coverage Ratio (DSCR), Gross Rent Multiplier (GRM), and Cash-on-Cash Return is essential.
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12 July 2024 | 34 replies
As I post 100x a week, Buy right, RENO right, rent/ sell right All the best