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12 February 2025 | 7 replies
It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.
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10 February 2025 | 1 reply
There's nothing wrong with considering them along with other options, but I would be careful thinking they will get you more bang for your buck or a more honest operator.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.
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22 February 2025 | 10 replies
I would say it's not worth rocking the boat for less than $200 additional per month, when you look at what you're overall ROI. if it's really that big of a deal to you, maybe consider canceling the pest services that you know are being utilized and would facilitate not having a roach problem, so that you can save that extra money every month and have that money back instead of raising the rent price to the tenant.I have seen this in many different places, Metropolitan, rural and otherwise, and it doesn't necessarily matter with the market rent is you're not always going to get that.
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23 February 2025 | 3 replies
Unless you find some more fees to reduce that to $370 you will be exposed to tax on the $10k difference so just a couple thousand there.The extra $30k of depreciation will get rationed out based on the purchase prices of your two properties.
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17 February 2025 | 15 replies
We are wondering what would be the best option to do with the property during this 6-7 month period, whether that be Airbnb or what other short term rental options might there be that could make more sense?
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9 February 2025 | 7 replies
Just an extra couple of clicks to do.
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19 February 2025 | 2 replies
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14 February 2025 | 2 replies
Does anyone have experience borrowing money in the US to build in Belize? I believe I have the collateral - looking to borrow $500K
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14 February 2025 | 8 replies
Have an owner's closet, where you lock up your extra inventory so the guests can't use it.Â
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5 February 2025 | 29 replies
I wouldn't call any of the fees you listed above as extra.Â