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So I am looking for a little feedback on what you would do. Here is the situation.I just got new tenants in (they have been living there for about a month and a half. I have been nothing but attentive to all of their ...
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How do you personally calculate the cleaning fees?I've been running into this lately in my STR analysis. I have talked to PMs in the area and am told the "cleaning fee is a pass through cost" - I understand that the g...
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Anyone have advice on how to calculate the 'numbers' on vacation rentals?I believe it can have a good cash flow even with the added expenses as long as the property is in a area of high rental demand and the property ...
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Hello friends,
You are all always so helpful so I thought I would ask...
My husband and I are buying our first home. It's a HUD foreclosure that is vacant. Their property condition report says the plumbing system ...
I'm under contract to purchase some smaller multi's in rapidly changing neighborhoods. Next door to these properties on 1 side can be a 700k new build, and next door on the other side could be a boarding house. Occ...
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Like many of you, I've made the decision to purchase a cabin for STR in Gatlinburg, approx. 500K in value. (I can actually afford two, if it works out, and possibly a third if I use a HELOC on my primary residence.) I...
Hello everyone!I recently acquired my old childhood home as no members of the family can care for it (and my nana whom owned it has since moved in with family so she can be cared for 24/7). Anyways, my mother moved ou...
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Bought an out of state property a year ago, 2400 sqft duplex. Inherited the existing tenants. Here was my proforma assuming everything went to plan (which it didn't!)
One tenant stopped paying in May, the other rac...
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I've gotten pretty comfortable using the BP calculators for BRRRR deals and traditional buy and holds. But what are some important things to consider when running numbers on STRs? So far, I've been looking at properti...
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I'm a newbie and 'd like to invest in the city of Worcester, MA, which is about an hour away from home. That's the only way I can make the rent/mortgage ratio work. I've also heard good things from 2 separate inve...