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6 August 2024 | 17 replies
The stock market has provided better returns than average RE if not using leverage.
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10 August 2024 | 8 replies
Here is what I proposed:Setup fees : Administration Setup:One Time Fee: $400Guidebook: Using professional photos give the guests a professional tour of the house and how the home works (Wifi passwords // How to use grill // How to use propane fireplace // Hot tub instructions // Sauna instructions //Check in and check out instructions //where extras may be storedOTA (Online Travel Agency) setups: taking professional photos and actively updating your listing on popular platforms;PMS (Property Management System) Setup Smart Pricing Set upWebsite integrationOther (furniture arrangement / design / décor shopping and set up) $50 per hour· Placement fees · Marketing Cost: Variable depending on needs/wants for marketingFacebook AdsGoogle Ads Cleaners: Set up procedures/take pics of expectations· Management fee—30%Guest communicationCleaner communicationSetting Rental rateDealing with small maintenance issuesBooking CoordinationSmart Lock integrationKeeping supplies stocked (TP, paper towel, all cleaning products, coffee, filters, creamer, sugars, teas,)(Receipts would be submitted on a monthly basis for either reimbursement or book keeping purposes)Encouraging guests to leave good reviews by periodically checking in, providing a review template, and ensuring guests receive the amenities they are looking forContinued marketingMajor Maintenance fees—OwnerCleaning and laundry services fees: Cleaning fee to the guest depending on how cleaner wants to charge
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6 August 2024 | 0 replies
Even with the recent stock market chaos, there's some bright news for mortgage companies.
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9 August 2024 | 11 replies
We have put a day bed with a twin trundle in huge primary bedrooms to fill some extra dead space, but this is usually only done in very large homes where 3 + families are likely booking.
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9 August 2024 | 16 replies
I could get that in a stock market index fund with a whole lot less hassle and risk.If I were to mortgage it (assuming I even could, what with the fractional ownership) it would be 340k purchase with 20% down @ 5.5% = 68k down pmt and 1823/mo (22k/yr) in mortgage costs.
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9 August 2024 | 19 replies
The averages, medians, and % distribution of 1/2/3/4 guest stays were almost dead on between the 2 years.
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9 August 2024 | 4 replies
I get one shot at this for the near future.It would be similar to getting a lump sum of cash to invest in the stock market.
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9 August 2024 | 16 replies
This is a very passive way of getting involved in real estate that provides fixed returns that are usually higher than the stock market.Those are a few ways to get involved in real estate in a more passive role.
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12 August 2024 | 39 replies
Giveaway Joe is a dead man walking and he knows it.