3 December 2025 | 0 replies
With HB25-1090 taking effect on January 1st, we have been working to incorporate previously separated utility billing into the monthly rent.
23 November 2025 | 10 replies
But doing so, in this case, would effectively wipe out today’s payout and leave the calendar open with almost no notice to rebook.Any thoughts in what you will do here, do I accept or politely declined the date change and explained that the timing falls outside the flexible window to make changes per our cancellation/modification policy. seems also no middle ground (It does not allow me to surcharge a one night stay ).How do you handle same-day change requests while balancing fairness and protecting your calendar?
24 November 2025 | 1 reply
One effective approach is to establish strong relationships with local suppliers to negotiate better rates on materials.
25 November 2025 | 7 replies
Personally my tech stack looks like this:Docusign - signing leases (technically rentredi can do this I think, I'm just too lazy to change)Rentredi - applications for properties, tenant payment platform, maintenance request trackingBaselane - Banking (you may not need this yet with only one property but SO great to have multiple accounts for multiple props)Notion - SOP docs, how to's, general instructions in databases and pagesTango - use to record step by step instructions of specific tasks and link in Notion pages where necessaryI also self manage, and most of my communication is with tenants, handyman, and occasionally banks, so I don't have a great rec for how to most effectively communicate with a PM, however if you have a project database set up in Notion it should be easy to create the steps you want and track how you like Personally, I am in awe, Docusign is good can you intergrate it to stessa?
28 November 2025 | 6 replies
Scope of improvements included:Full interior updates: new flooring, interior paint, lighting, granite countertops, and updated appliancesAddition of high-demand short-term rental amenities: game rooms, custom bunk beds, hot tubs, swimming pools, and putting greensProfessional interior design and full furnishing to optimize guest experience and nightly ratesThese improvements were executed with the objective of maximizing long-term performance, increasing appraised value, and creating differentiated offerings within the Hot Springs vacation rental market.Refinance & Financial PerformanceUpon completion of renovations, we partnered with a local commercial lender to refinance the portfolio.Combined appraised value (ARV): $2,601,000Approved loan amount: $2,200,000 (cash-out refinance)After retiring the hard money loan, the transaction resulted in a net cash return of $300,470.51, which represents $118,181.09 more than our original down payment—effectively removing all invested capital from the project.TimelineThe full cycle—from acquisition through renovation and refinance—was completed in 174 days.OutcomeThe result is a portfolio of three fully renovated, amenity-rich lakefront properties, each now positioned to perform as premium short-term rentals with strong long-term appreciation potential.
25 November 2025 | 6 replies
We haven't released it yet, but seems there are a lot of people want to offset their costs of ownership and that effects the whole market.
1 December 2025 | 0 replies
BJ and Traci navigated each challenge effectively, adjusting as needed to keep the project on track.
25 November 2025 | 1 reply
What calculators, spreadsheets, or free tools have helped you analyze deals effectively?
3 December 2025 | 4 replies
That is in effect what you are doing and f you do not include PM fees in your underwriting.Your maintenance/cap ex fees is likely too low by a factor of 2.You are missing the misc charges like asset protection, bookkeeping/accounting/tax man, utilities due to property issues such as by a slab leak, legal/evictions, etc.The 50% rule is aggressive at this rent point and projects $82/month of cash flow.
2 December 2025 | 8 replies
Now we just need to fill them all up, and take all the spillover to what was here already and then get some rent increaes.Plenty of big players here...and small ones too.MF investor meetup groups are pretty active here and there are plenty of people like Brad Sumrok doing trainings for a very effective price if you want to drink education from a fire hydrant.MF covers a whole lot of different things....some things to watch out for here are old buildings with central boilers for hot water, central AC coolers, flat roofs, AC units on the top of 3 story buildings or higher, corroded sewer pipes.