19 October 2025 | 16 replies
Probably better to go with what prospect is asking for, but in addition you could include something like, "After x occurences, landlord may raise rent x% per each additional occurrence".#17.3(a): This is blantly illegal in Michigan, guessing most states.
15 October 2025 | 5 replies
There are several property prospect characteristics and transactional tips to look for and apply that can solidify eligibility and ensure the investment intentions are achieved. - Seek active, turn-key STRs with transferrable permits or a very straightforward permitting process.
8 October 2025 | 5 replies
So, you have a prospect with no interest in seeing your property and credit so bad they are in bankruptcy, but you are considering their application?
9 October 2025 | 7 replies
At face value I thought it ONLY screened out prospective tenants that do not meet the criteria, but it screened out enough valid prospects for me to completely change my system.
17 October 2025 | 4 replies
They must clearly understand STR-specific regulations like local licensing, short-term rental permits, and occupancy limits—laws that are often more restrictive than standard fair housing rules.
7 October 2025 | 1 reply
Although I will cash flow better with 2 units (+$1000), there is the significant additional cost to make the basement a permitted AADU and there is also the prospect of a smaller pool of buyers if I sell in the future.
27 October 2025 | 9 replies
So, the value of in-person showings continues to decline with an increasing percentage of prospects actually preferring to avoid the perceived sales pressure. - Biggest efficiency savings is from last minute reschedules, prospects running late & no-shows.- Security is the big challenge to avoid theft, vandalism, squatters and scams.- Security options include ID verification, geo-fencing of prospect cell phones and video call verification.
28 October 2025 | 0 replies
A permit is required: you must apply for a “Short-Term Rental Permit” from the county.
27 October 2025 | 4 replies
If you can’t clear permits, consider seller financing or a land loan with improvement escrow.
26 October 2025 | 2 replies
I need recommendations for tools to help me analyze what my ADR of prospective STR properties could be.