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12 January 2025 | 11 replies
Use a service like TurboTenant or Avail......
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29 January 2025 | 11 replies
Having a lease in place will help you as well - some lenders won't refi a vacant property.For your refi, you're usually looking at 75-80% max LTV with a debt service loan.
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28 January 2025 | 14 replies
Very good resource for getting set up with STR property managers, cleaning services, realtors, lenders, etc. https://www.getchalet.com/
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13 January 2025 | 23 replies
I like the tub (it wasn't cheap, about 12 grand) but there's not great service options where I live and not sure if I would get it again since I mostly have to take care of it.
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21 January 2025 | 7 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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23 January 2025 | 10 replies
In addition, we pull our own comps and use Lightning Docs to generate our loan documents.
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22 January 2025 | 1 reply
This could cost around $500 to $1,500 per unit, depending on the size and complexity of the project.Certifications: There may be additional costs for certifications (such as HERS ratings) or third-party testing to verify the energy efficiency of each unit.For a 90-unit project, you could be looking at costs in the range of:$45,000 to $135,000 for energy modeling and certification (depending on the cost per unit).For a 112-unit project, the costs would likely be:$56,000 to $168,000 for similar services.Tax Credit Calculation:If you meet the energy standards, you can claim up to $2,000 per unit.
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19 January 2025 | 46 replies
OP it’s a good idea as long as you tie the investment to the military or civil service market.
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31 January 2025 | 17 replies
Interest rate on the home is 2.6%, so I don't want to pay down the loan with the additional income coming in.
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18 January 2025 | 11 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!