Alex K.
Does anyone use a management company to run their STR?
25 August 2022 | 31 replies
The third component is micro managing your manager and/or trying to be too involved in the initial setup unless you are super super good at it. if your manager says we need to replace furniture, repaint the walls, add artwork, retake professional pictures, do something else, let them do it. if you don't trust them to do what they do best don't hire them, otherwise let them do it. the return on investment follows. the reviews will accumulate and will help. the superhost status will help. whatever else your professional manager does will help.I've been managing commercial and residential for 20+ years.
Yoshua Ramirez
Showing Houses Time Management
5 August 2022 | 7 replies
I usually have some overlap in appt times....you can try to switch maybe #3 with #2, so #2 you just leave the same time.You could spend more time at #1 going over the big 5 components of a house....education time.Could stop for a coffee and go over all your disclosure documents or sample contract.Swing thru downtown.
Allen Wu
Would you buy a new AC unit or pay $500 annually?
15 August 2022 | 18 replies
I would upgrade, for many reasons. 1, there's no guarantee that the replacement refrigerants won't keep going up in price. 2, it's an old unit so eventually you'll need a new compressor, coil, or other major component.
Jordan Lutz
Motel rent By thew week like a air B&B.
3 September 2022 | 10 replies
Paul Turovsky Emerald Realty International Realtor Quote from @Jordan Lutz: Hello all I'm looking at buying a 25 room motel.
Greg Cook
When to hire a CPA for our team
25 August 2022 | 5 replies
Your situation is fairly complicated, requiring understanding not just regular real estate taxation but also state taxation and International taxation.Finally, the biggest value of working with a tax accountant is in proactive tax planning, not in tax preparation for the prior year.
Satya Surendra
Land trust, LLC, Anonymity and Asset Protection in Arizona
10 August 2022 | 2 replies
This can vary but more LLC’s means a lot more money on tax returns etc and bank account fees and management internally.
Edward Alicante
Question about Triple Net Valuation on rent increase
12 August 2022 | 7 replies
One component of underwriting an asset for an investor.
Nithya D.
Hard Time to rent my property
18 August 2022 | 41 replies
Something like, "located in the historic XYZ district, walking distance from the Alamo, and just 3 miles from the San Antonio International Airport".
Jackson Rottenberg
The Idea of Seller Financing
11 August 2022 | 7 replies
I had a script that I internalized that would help identify their level of motivation.You should also identify an area you want to farm.
Seth Baumgartner
[Calc Review] Help me analyze this deal
13 August 2022 | 3 replies
All the major components have lifespans.