A common mistake I see for new STRs is making sure to fully understand what your property manager does.

 - make sure you understand AB1482 as well as any local rent control laws

I'm curious to learn from this community—what strategies, partnerships, or team-building techniques have you found most effective in scaling your real estate ventures?

The challenge was ensuring the renovation budget remained minimal, but strategic planning allowed us to stick to the $6,000 budget and still make a significant profit.

If it's just exterior, it shouldn't be a crazy amount of money.

That is why you tend to see builders offering such a big "Builders Credit" it’s because it's "Ghost Money" it really doesn’t matter or exist to an extent.A builder can go into an area build 20-30 homes for example, buy the first 2-3 homes paying top dollar so they can set the market sales.

I started working with them and things started not making sense.

Hi Zachary, I was hoping that wasn't the case, but that makes sense.

I’m also aware of the make and model of the car the tenant drives.

@Barrett Dunigan,To make the @ work, do the following: Hold down the shift key and type @?