All I hear about is how great STRs are and how in the correct market they can basically be a money making machine. What are some of the cons or risks of owning a STR that a new investor should look out for? Asking any...
Here's something I haven't seen anybody bring up yet. Does anybody rent out a house with a swimming pool? I found a house for sale in San Diego with a pool and it got me thinking. Do you pay a pool "boy" to maintain i...
Sorry for the lengthy post, but I've run into something I haven't had to deal with in the past. Not sure if there's much else I can do, but wanted to post what's going on here to see if I'm missing anything.About a mo...
Good morning!I have identified an 8-plex that I am strongly considering purchasing. This would be my first foray into multi-family of any kind and I want to be sure I'm not missing something. So far the costs that I...
Hi all, I wanted to share my recent experiences with turning our garage studio apartment conversion into a short term rental. We have had great success and so far no real issues. The income has paid for the mortgage f...
I'm planning on another STR, but this one has a rather large pool, where many STRs in town have a small plunge pool. In SW Florida our season is typically January-April. A pool heater will definitely make the STR much...
Just happened to watch Dateline Sunday night and they did a great piece on Detroit. A recap Detroit economy is going through some of its toughest times. There are rows of vacant, damaged houses with nearly vacant ne...
Just came across a late night call with one of my tenants. His family has been living there over a year and I would consider them good tenants. They warned me before that the front tenants dogs (pitbulls) are sometime...