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4 January 2025 | 35 replies
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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9 January 2025 | 15 replies
Any pricing-related tool offered by the OTA itself (think of VRBO, booking etc) is there to ensure you are getting heads in beds at any rate possible, just to ensure they are getting paid.
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15 January 2025 | 7 replies
When they create costs they have to cover those costs.
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21 January 2025 | 20 replies
Combine that with insurance raising rates not just for dropping licensee count, but also to cover increased lawsuit risks.
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13 January 2025 | 5 replies
You would need to tap into what the market may draw because not all markets could support this type of guest avatar.You may be able to get just enough bookings to at least cover your monthly expenses by leaning into your listing and how you market the property.
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17 January 2025 | 24 replies
Based on speaking with them their, I paid a rather hefty fee to transfer my solo 401K to them and have it reinstated and the fee covered this plan for 6 years.
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23 January 2025 | 165 replies
Because it is always changing, but not always warming.....gotta cover your bases y'know....
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11 January 2025 | 1 reply
I often have tenants who don't pay the last month's rent because they think the security deposit will cover what is owed.
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11 January 2025 | 9 replies
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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17 January 2025 | 22 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.