All Forum Posts by: Kim Meredith Hampton
Kim Meredith Hampton has started 10 posts and replied 2472 times.
Post: First Flip - Trying to Avoid a Huge Mistake
- Real Estate Broker
- St Petersburg
- Posts 2,624
- Votes 2,112
I don’t think the margins are there to make this a win! Move on and cancel this week before due diligence ends.
Post: Furnishings for student housing
- Real Estate Broker
- St Petersburg
- Posts 2,624
- Votes 2,112
Allison,
I actually buy almost all of my furniture for my padsplits and Airbnb on Amazon and Facebook marketplace. I also like leather for the wear and tear being able to wipe them down. The other thing to keep in mind, keep it simple and buying things you don’t mind getting ruined and are easy to replace.
Post: Property Manager Using Hostaway and Stripe
- Real Estate Broker
- St Petersburg
- Posts 2,624
- Votes 2,112
Sierra
I would set up another bank account in which you pay invoices for pool, lawn, taxes for hotel/motel occupancy, licenses, your management fee and owner proceeds. I have a separate company, Tax ID and account set up for my short term rental company. I too am a licensed Broker, but this entity has nothing to do with my brokerage. If you really want to grow your STR, getting it set up correctly is key
Post: No pets - harder to find tenant?
- Real Estate Broker
- St Petersburg
- Posts 2,624
- Votes 2,112
Jeremy
Why in the world would you put in carpet? Install LVP flooring. The stats state that about 78% of people now have pets, and that number is likely increasing due to covid and more people working from home.
We definitely accept pets, increase your pet deposit or fee, screen people through Petscreening and tighten your pet policy, like no puppies etc…
Post: Whose responsibility is this?
- Real Estate Broker
- St Petersburg
- Posts 2,624
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Gillis
Is this in an HOA or condo association?
Post: Looking for photographer / virtual staging for a long term rental in Jersey City
- Real Estate Broker
- St Petersburg
- Posts 2,624
- Votes 2,112
Robert
A great affordable alternative for virtual staging is BoxBrownie. You just send the photos to them online, choose a style and they do the rest!
Always good to get a professional to take the photos unless you are good with a camera
Post: Death of tenant
- Real Estate Broker
- St Petersburg
- Posts 2,624
- Votes 2,112
Mary
Do you have an application where they state whom to call in the event of an emergency? Please do not let anyone in or take anything out until you know who is the next of kin. These things can get very sticky
Post: How much should I pay to have my house re-painted in Palm Coast, FL?
- Real Estate Broker
- St Petersburg
- Posts 2,624
- Votes 2,112
Quote from @Brian J Poulson:
How much should I pay to have my house re-painted in Palm Coast, FL?
Need to re-paint walls, doors and trim.
3 Bedroom 2 Bath, 1300 sqft
Hi Brian,
I pay between $2.50 to $4.50 a square depending on the house and what type of paint you want and is there damages or dark colors, smells etc...
Post: Eviction Process Resources
- Real Estate Broker
- St Petersburg
- Posts 2,624
- Votes 2,112
Ben
Contact Birdy Rentals and PM, they do both short and long term PM, they can help guide you of the what, where, why and how
Post: Problem with Tenant Please Advise
- Real Estate Broker
- St Petersburg
- Posts 2,624
- Votes 2,112
Quote from @Alecia Loveless:
@Kim Meredith Hampton It’s a month to month lease so I could do this immediately. We renovated this tenant’s unit early in our ownership to try to eliminate some of the issues but unfortunately when someone is just a problem being helpful doesn’t seem to work.
No good deed goes unpunished as they say!
Find out how much notice you must give in your area for a month to month and get rid of the cancer in your multi