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All Forum Posts by: Andrew Haney

Andrew Haney has started 21 posts and replied 70 times.

Post: Need help submetering electrical on a commercial building.

Andrew Haney
Pro Member
Posted
  • Rental Property Investor
  • Buckley, WA
  • Posts 76
  • Votes 14

My business is testing a new model of subleasing space and I'm in need of recommendations from anyone that has experience with submetering electrical? If so could you point me in the right direction?

Post: New drive mileage tracking app needed

Andrew Haney
Pro Member
Posted
  • Rental Property Investor
  • Buckley, WA
  • Posts 76
  • Votes 14

The mileage tracking app I used for years is no long supported and Im in need of a new mileage tracking app.

What are you using?

Post: Using PMI as a Property Manager for STR

Andrew Haney
Pro Member
Posted
  • Rental Property Investor
  • Buckley, WA
  • Posts 76
  • Votes 14

Steve

I've not use PMI but have used different PMs. 20% on the STR field is lower than most. From my PM I expect my houses to be operated relatively passively. I manage the utilities, but expect them to deal with bookings, maintenance, guests, routine inspections, pest control, landscaping, linens…. Items from 3rd parties they do a 10% markup on for their time. I feel it's well worth it if you've got multiple properties and scaling while maintaining a regular day job especially one that's beyond 50 hours a week. My properties are also out of state.

Post: Camera recommendations needed for STR

Andrew Haney
Pro Member
Posted
  • Rental Property Investor
  • Buckley, WA
  • Posts 76
  • Votes 14

What brands of cameras is everyone using at their property? Where do you locate them around the parameter?

Post: 1031 vs Cash out refi tips and suggestions needed

Andrew Haney
Pro Member
Posted
  • Rental Property Investor
  • Buckley, WA
  • Posts 76
  • Votes 14

Thank you.  Do you have some beach areas you'd recommend?  

Post: 1031 vs Cash out refi tips and suggestions needed

Andrew Haney
Pro Member
Posted
  • Rental Property Investor
  • Buckley, WA
  • Posts 76
  • Votes 14

Need some thinking points and suggestions on 1031 vs cash out refi on an already once 1031 property. Have an STR in Scottdale with over 450K in equity and currently growing cashflows. Last year was on pace for just shy of $1000/month cashflow (decreased by choosing to do some early improvement). This year is off to an even better start with estimated avg monthly cash flow of about $1500/month.
Options I'm weighing list and see if it gets bid up and how high than 1031 into 2 STR or a number of purchase combinations cash out refi decrease cashflow drastically but acquire another unit that would theoretically cash flow as much or more than the decreased cash flow from the refi?

Post: Traffic Count software

Andrew Haney
Pro Member
Posted
  • Rental Property Investor
  • Buckley, WA
  • Posts 76
  • Votes 14

@Joshua Janus. Thanks I will give this a try.

Post: Traffic Count software

Andrew Haney
Pro Member
Posted
  • Rental Property Investor
  • Buckley, WA
  • Posts 76
  • Votes 14

Does anyone have any recommendations of sites or software to aid in gathering traffic counts in front of a business I’m looking at? 

Post: Opportunity zone question

Andrew Haney
Pro Member
Posted
  • Rental Property Investor
  • Buckley, WA
  • Posts 76
  • Votes 14

I’m looking at a business that’s in an opportunity zone and wondering where to start with beginning to qualify the business.  What does the process look like?  Are the benefits worth the additional leg work?

Post: House Hacking (Duplex, SFH, ADU)

Andrew Haney
Pro Member
Posted
  • Rental Property Investor
  • Buckley, WA
  • Posts 76
  • Votes 14

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