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5 November 2024 | 22 replies
Quartz is virtually indestructible, and you will get that "it" factor in an STR that you need.
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6 November 2024 | 54 replies
I think climate change is actually less of a factor than employment availability, cost of living and where people have personal ties.
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4 November 2024 | 7 replies
Once you factor that in, your small loss is actually a bigger loss once you need to do any repairs or upkeep.
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3 November 2024 | 7 replies
@Matthew Platon - I think there are a lot of unforeseen factors that could affect my decision.
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3 November 2024 | 10 replies
Of course capex does come into play, but I have a lot of factors on my side including most major components of the property have been replaced already, including roof replaced 2 years ago, water heater replaced 3 years ago, full house was just repiped, septic system is 5 years old, HVAC system replaced in last 7 years, i do not cover appliances with warranty in my rentals, and the tenant I placed in the property is a single dude who works 60 hours a week and just needs a place to sleep.
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2 November 2024 | 28 replies
Hi @Stephanie LopezWholesalers run campaigns called "Agent Outreach" to get access to your sphere of influence and, ultimately, any pocket listings/distressed properties you may have.
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2 November 2024 | 20 replies
Hi BP of Boston,When you consider rent increase, what factors do you base your decision on ?
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1 November 2024 | 7 replies
The rates are usually tied to prime and LTV plays a factor as well for the best pricing.
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8 November 2024 | 38 replies
No one wants to make a six figure investment just to get shut down by the governing body for said neughborhood 4) property taxes are high so as long as you factor those into your underwriting and it still turns a profit, you’re fineMy overall thought is San Antonio is a wonderful market for STR as well as having the exit strategy to turn it into a MTR if need be.
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7 November 2024 | 22 replies
Bookkeeping when it comes to real estate investments can get tricky.I often find the following mistakes occur1) They fully write off the mortgage payment when in reality the mortgage payment is broken down into Interest, principal paydown and an increase into the escrow account.2) If the property is managed by a PM company, do not factor in the PM Statement3) do not calculate depreciation expenseBest of luck in your search for a proper bookkeper.