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20 January 2025 | 9 replies
The first thing to focus on is understanding your target guests and tailoring your property to their needs.
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14 January 2025 | 10 replies
I want to start smart and scale up as I learn the ropes, but I’m personally struggling to narrow down which area to focus on.If you’ve done this before, what advice would you give someone like me?
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15 January 2025 | 3 replies
They focus on timeliness, accuracy, and user experience.
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18 January 2025 | 18 replies
During the slow season, do you personally focus on getting more rentals, focus more on family/personal life, or do you do something else?
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24 January 2025 | 36 replies
Last I heard, they were pausing their "master lease" options and focusing more on regular property management.
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17 January 2025 | 6 replies
But, I'd like to focus only on value-adding renovations (for rentals of course).
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16 January 2025 | 0 replies
I focused on adding modern luxury amenities to increase the property’s appeal to the high-end market.
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18 January 2025 | 2 replies
If not, you could focus on other selling points, like the acreage or future ADU potential, but a garage would probably make the property more competitive.
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15 January 2025 | 14 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.