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Results (10,000+)
Josh Carpenter Extra Guest Fee: Good idea, bad idea?
25 September 2024 | 8 replies
The bottom line is if the fee is too high and impacts bookings negatively, the cleaner won’t be getting paid either, so it really is a team effort.The best advice I can give is don't charge an extra guest fee if the guest number is at or below your max.
Vi Huang Tenant Keeps Making Maintenance Requests
27 September 2024 | 11 replies
Just remember: most negative reviews are written by problematic tenants.
Joshua Dunlap New investor in Texas
26 September 2024 | 10 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Joe Morello "Price Improvement!" - Is it really?
25 September 2024 | 0 replies
The term "Price Improvement" is a strategic choice, aiming to cast a positive light on what might otherwise be perceived as a negative development.
Tanner Sortillo New Investor with $100k - Where would you start?
27 September 2024 | 47 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Desstani R. 150,000 to start investing and don’t know where to begin!
27 September 2024 | 13 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Randy Buff The Gap Between Seller and Buyers Price Expectations
25 September 2024 | 2 replies
Most investors that have tried to purchase an investment property recently have been shocked by how high prices have remained given the higher interest rates and growing negative economic news.
Gabriel Pietryka Does anyone have any special Tactics for large apartment complex
24 September 2024 | 2 replies
One way to save on the negative carry is to delay the purchase until the very end of permitting.
Shyam Subramanyan Cost Segregation for STR properties acquired in 2018, 2021, and 2022?
25 September 2024 | 18 replies
It would simply sit in your passive bucket and rollover to future years, negating the benefit.
Joyce Kim Personal financial hardship - HELOC vs Home Equity Loan?
25 September 2024 | 12 replies
I've had negative experiences with a bad general contractor and a non-paying renter (leading to an eviction), so I'm being extra cautious in selecting the right lender this time.Could anyone recommend a trustworthy lender in the Los Angeles area who can guide me through this difficult time?