27 November 2023 | 18 replies
I've listed some of the pros and cons below.STRPros- Higher rates, higher upside if fully occupied- More flexibility to adjust rates depending on time of yearCons- More time consuming (both from filling vacancies and preparing for and onboarding new tenants)- Potentially, more volatility in cashflowMTRPros- Less volatility, steadier cashflow- Less time spent finding new tenants- Attract different types of tenants like traveling nurses, who are high qualityCons- Can't command as high of rates as STR, but still higher than LTR- Harder to take advantage of seasonal increases in rates during Seattle summersLet me know if you have any other questions!
30 June 2023 | 142 replies
So I command high commission per deal because I do much more work per transaction helping them.A broker or agent needs to be UPFRONT with a potential client.
20 October 2022 | 31 replies
Katy, Cypress, Spring, some parts of Houston, Conroe, Tomball, Pearland are great markets.These cities tend to command quality tenants, and they have great schools.Good Luck!
24 April 2020 | 26 replies
The good ones will charge more for their services because they can command that.
27 August 2020 | 18 replies
The property themselves will be upgraded in 3 phases and will command even more monthly income plus huge equity build.
6 August 2017 | 76 replies
My rentals aren't below $1k and given all markets differ, in this one, the range of $1300+ is one that commands a good tenant, all things being equal with good credit and a bank account.
30 September 2017 | 114 replies
TK operators sometimes sell a property to investors below market value so that the property will offer an adequate ROI given the rent it commands.
23 March 2021 | 8 replies
For example, 1) the degree of the managers fee can vary and has an impact on the IRR (the smaller the fee the higher the IRR, all else being equal); 2) the profit share percentage of the syndication manager is not equal across all deals; 3) investor prefs can boost their IRR; etc.Typically, a newer more inexperience manager will not command a high management fee nor a high profit split percentage.
20 April 2022 | 556 replies
As his few thousand troops were facing a few hundred thousand of the enemy, one of his commanders asked, “How will we get home?”
25 April 2019 | 148 replies
This again, is another myth which really doesn't make a lot of sense.If your property is in a highly desired location, particularly if it commands a large demand among renters who are beating down your doors to rent from you, even if your property value goes down, you are actually more immune to losing cash flow in a crash than the supposedly immune cash flow properties in Myth #1!