Wed.Oct 09, 2024

article thumbnail

The Slippery Slope of BRRRR—Is It Still the Best Way to Run Your Landlording Business?

BiggerPockets

The BRRRR strategy (buy, rehab, rent, refinance, repeat) is based on finding discounted properties, fixing them up, renting them out, refinancing, and socking away the cash flow with a long-term tenant, and repeating the process until you have amassed a sizable monthly cash flow. In 2024, I largely believe that it's unrealistic.

IT 91
article thumbnail

Renewing Your Lease Agreement

Real Property Associates

Renewing a lease is an important process for property owners and landlords to maximize revenue. It allows them to retain good tenants, maintain a steady rental income, and avoid the costs and hassles associated with finding new tenants. When should property owners start to renew the lease, and what's the best approach to ensure more renewals? In this blog post, we will explore the benefits of lease renewals , the ideal timing for offering a renewal, and the steps involved in the lease renewal pr

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Start, Manage, and Scale an Airbnb Business in 2024 (Step-by-Step)

BiggerPockets

Do you want to break into the short-term rental space? It’s not as simple as picking a popular market, buying a rental property, and listing it online.

Airbnb 59
article thumbnail

New California Commercial Lease Requirements – SB 1103

Esquire Property Management Group

New Legislative Developments Impacting Leasing Procedures for Qualified Commercial Tenants in California – Senate Bill 1103 – Translation of Commercial Leases Attention commercial brokers, agents, property managers and landlords effective January 1, 2025, a significant shift in the landscape of commercial real estate leasing will arise due to the enactment of Senate Bill 1103, recently ratified by California Governor Gavin Newsom.

Lease 52
article thumbnail

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

article thumbnail

How to Invest in Real Estate with $50K in 2024

BiggerPockets

Want to know how to invest $50K in real estate? We’re going to show you exactly how to do it, EVEN in 2024.

article thumbnail

Risk Management for Large Investment Property Portfolios

InveServe

Building a large investment property portfolio takes patience, dedication, commitment, and strategy. You’ve worked hard to carefully select your investment properties, manage them, and earn a healthy ROI. However, one aspect you may be overlooking is how to manage the risk of owning a large investment property portfolio. No matter what kind of investment you make, there is always risk involved.

More Trending

article thumbnail

What can future AI-enabled real estate investment look like?

MRI Software

Artificial intelligence experts always talk about how this technology will transform business across every organizational level. In real estate, we hear a lot about how property owners and operators can reduce operational costs and boost profitability through automation and time-saving features. But something is missing from the conversation when it comes to improving the daily lives of investment asset managers.

article thumbnail

Hosting a Halloween-Themed Airbnb: Tricks, Treats, and Top Tips

Zeevou

Halloween is the perfect time to transform your Airbnb into a festive and spooky escape that guests will love. From promoting nearby haunted attractions to collaborating with local businesses, a Halloween-themed Airbnb can delight your guests with a one-of-a-kind stay. In this article, you will learn how to make the most of Halloween and create a magical experience for your visitors.

Airbnb 52
article thumbnail

What is a triple net lease (NNN)?

MRI Software

A triple net lease (NNN) is one of the most popular types of commercial real estate leases in the U.S. It’s especially common for retail spaces, restaurants, and other franchise businesses. With a triple net lease, tenants are responsible for more than just their base rent—they also cover property taxes, building insurance, and common area maintenance (CAM).

Lease 52