All Forum Posts by: Avery Carl

Sam's Club has the best ones! Nice and fluffy and last a long time. We get the khaki colored ones. Even though you can bleach the white ones, they can still get dingy looking pretty quickly. 

You can also get some black hand towels with the word "makeup" embroidered on them from Amazon. Put one in each bathroom so that ladies get the hint to use those to remove makeup!

I own 17 doors that are a mix of LTRs and STR's. The STR's that I have are in the G-burg/PF area. The income from those 5 have put down payments on 9 LTR doors without having to dip into my "regular" income in the past 2 years. The market is very competitive but the cash flow is still very much there if you're willing to be aggressive. Vacation rentals are a really great way to accelerate cash flow to build your investment portfolio in whichever way you choose.

I’ve connected investors with over 95 properties in this market this year, it’s not as bad as the above post is making it out to be. You can expect a little capex on any rental you’re buying from another investor. It’s going to be that way in any market. So budget accordingly, and you’ll be fine. That’s what inspection contingencies are for. If it requires too much work, you don’t buy it and move on to the next one!

Depending on the rental potential of the properties I have seen Vacasa actually go under 20%. I’d give them a call and see if you can negotiate them down some. They might be willing!

You need @John D.

It's possible to cash flow in almost any market, but I recommend investing in true vacation rental markets. Those markets are going to have years and years of proven tourism numbers, as well as the most favorable STR regulations, since the economies of true vacation rental markets have depended on STR income for decades.

My recommendation would be Proper or CBiz.

Lol *used to be.* We still have an office in Nash but our main office is in PF/G-Burg. But I do still know all the spots!

@Eric P. one of those was not legally built so the title can’t transfer, which is why they haven’t sold :(

Self management is a bit of work, but a lot of the newer, cheaper, local PMs started out as remote self managers who decided to start a PM company to make a day job out of it. There about 10-15 of them that I’ve seen pop up in the last year.

End of the day though, the gig is the equivalent of answering text messages, and maybe making the occasional phone call if something breaks. Not really anything different than what you'd do if your property were down the street. For me, keeping the cash flow and scaling is the goal. Unless you've got quite a few STR's, the amount of work doesn't really warrant a PM.

To echo the others, while the rental income might make buyers more interested in property, it’s still a residential property and neither the rental income nor the furniture have any bearing on the appraised value of the property.