I'm hiring a management company for my STR. Of course, I can figure out what my insurance, cable and taxes will be. But, what can I expect to spend for all of the other expenses? Consumables, utilities, repairs, yard ...
Thinking of purchasing an old mobile home located in a mobile home park. The price was $2,800 and I should be able to get for $1,500 to $1,800. The park honestly is sketchy at best and seems to be worse as you ge...
I own and self manage several properties in Hawaii via VRBO and AirBnB. I've never had any major problems but i've recent incident that caused me to make an adjustment to all my rental agreements going forward.I had ...
Have you stayed in a few AirBnB rentals? VRBO? Have you stayed in the big city and then compared that to a place in the country near a tourist attraction? What was your experience?I've stayed in a dozen or more AirBnB...
Short Term Rental Arbitrage analysis
This topic keeps coming up recently recently and I feel like a broken record, so thought I would post about it and share how I run an analysis on a potential arbitrage deal, and h...
I know I never do. Looking through listings recently I've noticed that a lot of them don't have dressers, and if they do you can tell it's mostly decorative because they don't look very useful (short/shallow drawers, ...
Hi everyone, Newbie to STR here. So I narrowed down my market already and am starting to go to open houses. When you go to open houses, how do you decide if it's the right house for STR (after the numbers make sense)?...
My wife and I are just starting out in REI -- we are coming into some money from my stocks from my job and we want to invest some of it to work toward a goal of early retirement / financial freedom. We've been conside...
I about to put my first offer in on a house I intend to fix and flip. Couple of questions for the pros. First, it's listed at 83 and I need to obtain it in the 75-76 area. What would you reccomend as my initial of...
The 50% and 2% are good rules of thumb, but what are your specific criteria in your area(s)? How stringent are your requirements and how often do you reevaluate them?
I'm trying to figure out how specific most invest...