Watch Out for Nightly and Weekly Rental Taxes Issues

I love talking with property owners because we get to exchange ideas and learn more about furnished rental details and trends from around the world. Grief Per Dollar Higher with Vacation Rentals Last year I was discussing monthly corporate housing rentals vs. vacation rentals with an owner and she informed me how much she loved having monthly corporate renters compared to weekly rentals and of course I asked her why. “GPD” she told me. Ok thats great, but what is GPD?  “You know,” she says “Grief per Dollar.” Lodging tax is just another one of those griefs that apply...

Renters like “Green” too

Apparently renters want to be eco-friendly too. A recent survey said that 60% of renters want eco-friendly features in their rental properties, including on-site recycling programs and energy-efficient windows. Note to investors: If you’re offering a rental property that has any eco-friendly features, make sure you add keywords like, eco-friendly, energy-efficient and recycling to your listing’s keywords!...

Rental Vacancies Up. Time to Reassess Marketing Strategy

The Denver Post reports today that apartment vacancies are at a 4-year high in the Denver metro area. With many people out of a job or worried about their finances , apparently more and more people are choosing to live with roommates or move in with their parents to save money. But rest assured that demand for rental homes will always exist. Finding a loan will be forever more difficult. And people will think twice about buying so quickly in the future. The rental market may recover much more quickly than some think… But if you’re a real estate investor...