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11 January 2025 | 49 replies
This is because they're much more expensive than other countries in the region and, unlike in some other countries in the region Costa Rica doesn't have the mass tourism needed to get you the rental income that would justify those prices.This being said, it shouldn't be hard for you to break even though since all you'd need to do for that is cover your costs.
13 January 2025 | 7 replies
More and more insurers are refusing to cover disaster-prone locations.
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7 January 2025 | 5 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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2 January 2025 | 10 replies
I've read a lot of bad information on how some gurus are promoting techniques that are flawed at best, fraud at worst.
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10 January 2025 | 23 replies
Living in one side and renting out the other will help cover your mortgage, and after a year, you can move out and keep both units as rentals.
31 December 2024 | 3 replies
You can also promote it on STR outlets (or your agent should).
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11 January 2025 | 420 replies
But, it covers enough of the basics.Again, believe what you will.
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8 January 2025 | 5 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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31 December 2024 | 2 replies
I'm debating sponsoring other areas to hang my material up.What ways do you like to promote your business?
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16 January 2025 | 6 replies
Kids are out of the houseand college is covered.