
21 August 2024 | 7 replies
@Gaurav Vedi this is very thorough.Did you also evaluate the increased cost of compliance, admin, and time you will need to invest in executing setting this up and maintaining it?

21 August 2024 | 10 replies
@Ryan LeonardYour lead flow may have slowed down due to summer coming to an end, people on vacation and back to school.I think your best ROI is to create and maintain relationships with brokers.

21 August 2024 | 3 replies
Operating Expenses (30-35% of Income)Rule of Thumb: Allocate 30-35% of your rental income to cover operating expenses such as property management fees, maintenance, repairs, utilities, and insurance.Why: Properly budgeting for these expenses will keep your properties well-maintained and avoid unexpected financial strain.3.

21 August 2024 | 2 replies
I would like to get a fairly accurate figures for my modelThanks much Hi Marinta,For a 2 BR unit at Beach Villas @ Ko'olina, here are some expenses:Monthly AOAO Dues: Approximately $2200/mo and it includes: Cable TV, Internet Service, Other Common Expenses, Sewer, WaterElectricity: Varies but I'd estimate $200-$300/mo.Property taxes: Around $2k/moCleaning: Around $200 per cleanMaintenance - minimal as units are very well maintained.

23 August 2024 | 19 replies
Some even have housing and someone has to maintain the property, review leases, etc.

21 August 2024 | 18 replies
The more you customize the software, the harder it is to maintain and you end up with vendor lock which in simple terms you are at the mercy of your developer(s) as they are creating custom code that is difficult to maintain without them.

20 August 2024 | 8 replies
I’ve found it best to start over from scratch but maintain the old listing title and cover photo for a short period of time to get any potential guest transfers.

20 August 2024 | 15 replies
@Keaton VolsTo expand your real estate portfolio and achieve financial growth, consider refinancing your property, saving for a down payment, implementing house hacking, partnering, exploring markets, building a network, educating yourself, diversifying into alternative investments, maximizing tax benefits, and maintaining an emergency fund.

19 August 2024 | 52 replies
Quote from @Mike Dymski: Has to be tough to grow or maintain a real estate investing podcast right now with so few transactions.

20 August 2024 | 9 replies
Depending on the lease you usually can enforce a tenant to pay the fine back to you for something like not maintaining the lawn.