Cole Schlack
Is anyone still buying STVR's
I am an agent in Hawaii and we have seen a massive drop of STVR buyers since rates when up, Rental income still covers the higher interest rates but seems buyers are gone. Just wondering if there are buys still out t...
John Cornelius
The same-day-turnaround thread
Hey everyone,Let's discuss the pros and cons of the enigmatic, lucrative and tight-rope-esque SAME DAY TURNAROUND.What are your tips, tricks, strategies and stories regarding the practice of renting your STR on the sa...
Joe Ciccarelli
Feedback on my analysis approach + 2 questions
Here is my process for analyzing an STR property:1. Use the average ADR & Occupancy on Rabbu (FREE)2. Use the ADR & Occupancy on Awning (FREE)3. Find comps on AirBnB and get their total before taxes (inc. fees...
Jacob Edmond
What'll be the next Shag carpet or wood panel walls?
I'm remodelling my 1965 home that has the oh so popular wood wall paneling instead of sheet rock interior walls. I have seen plenty of hones with beautiful hardwood floors that were covered with carpeting as well. Whi...
Fred Heller
50% rule question
When estimating operating expenses using the 50% rule, do you include property taxes and insurance as part of the 50%? Or do you consider that part of the mortgage payment?50% seems kind of high to me without the taxe...
Adam Tafel
My Niche: "the Dog-Friendly Medium-Term Furnished Rental"
Dumb luck (and a ton of work) got me into REI. In 2015 my girlfriend was spending 6/7 nights at my apartment. She had a cool little studio in a cool part of town, and we threw her apartment on Airbnb. A traveling nurs...
Kody King
What’s the best thing you’ve done for a tenant?
What’s the best thing you’ve done for a tenant? Did it cost you anything? Are you happy you did it?
Mindy Jensen
Tenant Maintenance: What Items Should Your Tenant Know How To Do?
The power went out at my house this morning. No big deal, we were planning on walking to school anyway. On the way back, we passed a neighbor, who couldn't take her kids to school because her car was in the garage. We...
Nathan Gesner
AirBnB mandates new COVID safety measures
What do you think if the new requirements instituted by AirBnB? I thought AirBnB was a marketing platform, but they apparently see themselves as much more, with the ability to dictate how I manage my own property. I'l...
Joe Blow
Onsite Property Manager
I just purchased a multi-unit apartment complex that came with an onsite property manager. What agreement should I do with that person? I want to be fair so the person live rent free or should I compensate like an ho...