Does Property Management Save You Time?
Each person has 31,536,000 seconds annually, but have you ever noticed how fast those seem to fill up with activities. If you are thinking of opening a vacation rental business, then you need to consider if you have the time required to operate it properly.
read moreLos Angeles and Orange County Airbnb Property Management
The median home value in Los Angeles is around $631k. LA values have increased over 8.1% in the past 12 months and predicted to rise another 2.2% by the end of 2018. The median price for renting is near $3,500 a month. Homes are expensive, but using short-term rentals, you can get a much better return on an investment property.
read moreEssential Items Every Short-Term Rental Needs
If you are thinking of renting your home or other property as an Airbnb, then there are some items that you need to think about providing. Allowing guests access to these items will increase your ratings, and you will get more returning guests. You will also find that guests who find your unit well-equipped are more likely to recommend staying at your property to their friends.
read morePrescott Arizona Airbnb Property Management
In Prescott Arizona, the median home value is $344k. The values of homes has risen 6.7% over the past year. The median list price per square foot in Prescott is $197. The number of foreclosures is 0.2 homes per 10,000. The percent of delinquent mortgages in Prescott is 0.3%, which is lower than the national value of 1.6%.
read moreSeattle Airbnb Property Management
The median home value in Seattle is around $670k. Seattle home values have increased over 14.5% since 2016, and Zillow predicts another rise of 7.3% by the middle of 2018. The median price listed for homes as of July 2017 in Seattle is $650k. The most important figure (for us real estate investors) is median long-term rent pricing, which is at $2,550 a month. With short-term rentals, you can expect a much higher rate than that (we can’t say exact numbers).
read moreThe Importance of a Nice Outdoor Living Space and How to Create One
An outdoor living space is a great addition to your Airbnb property. The cost of creating one is often absorbed by more people renting your property at a higher rate. Many people also find that their occupancy rate escalates when they offer an outdoor kitchen. Creating one can be lots of fun because it is a chance to become creative as there are so many different choices available. Follow these steps to create an outdoor living space that your guests will love.
read moreArizona Commercial Real Estate Lease
This is a form that covers what needs to go into a commercial lease in Arizona.Here is a quick list of the main components of a commercial lease for Arizona. The Date the agreement goes into force. The two parties, who is the Landlord and who is the Tenant, and where they are located. A bunch of legalese, since it’s a contract, there must be consideration (aka what is being exchanged for this)
read moreArizona Residential Lease for Investors and Landlords
Here is a quick list of the main components of a residential lease for Arizona. The Date the agreement goes into force and the amount of monthly rent. The two parties, who is the Landlord and who is the Tenant, and where they are located. How long non-tenants can stay in the property before they become tenants and need approval from the Landlord.
read moreWashington D.C. Airbnb Property Management
Currently the median home is valued at $551k in D.C. Typical home values have increased over 7.2% just in the past 12 months! The median price of homes currently listed is $565,950. The median rent in Washington D.C. is abut $2,650 which is great for investors. The foreclosure rate in Washington D.C. is at 1.6 homes per 10,000, which is at the national average. Very few homeowners are delinquent on their mortgages, which is currently near 0%. The number of people underwater on their mortgages is around .1% which is around the national average.
read moreAirbnb has waived most (all) service fees during Hurricane Harvey
The devastation hitting the Texas and Louisiana coast is unreal. At one point in time, up to 13 million people were under flood watches or warnings. The storm has dumped over 25 inches of rain in Houston, and meteorologists say that it is not done yet with many believing America’s fourth largest city will get 50 inches of rain before Harvey finally leaves them alone. If it does, it will be the most rainfall ever from an Atlantic tropical storm.
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