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16 February 2025 | 2 replies
Neighborhood Scout is not going to cover any shortfall you have if it doesn't materialize.you could try finding a bank or broker that will do 80% out on a refi, although probably not possible to close by the end of this month.
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20 January 2025 | 4 replies
When you have employees promoting the platform like it is the best platform ever and free accounting services, it was going to go down sooner or later.Pretty sure their other services are going to go down shortly.Baselane is offering assistance I believe, but they are just like Azibo.
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16 February 2025 | 9 replies
This is why a lot of syndications also fail - they raised a lot of money because the promoter was a great marketer but awful manager.2.
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16 February 2025 | 61 replies
Even then, all of my booking.com clients are American I offer a 25% discount 0-3 days out. add a 15% fee which essentially covers your commission. set up with one hour to cancel, flexible / strict option but no refund 60 days out or later. sync it with Airbnb and or the other ones you are doing.
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17 February 2025 | 7 replies
Did you borrow money from a local bank/credit union for the remainder of the purchase price or did the funds from your 1031 cover all of it?
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5 February 2025 | 38 replies
Instead, they get compensated by Turnkey providers or builders with a marketing fee:“…we as the turnkey property promoter gets compensated by and only by the turnkey provider or builder that we are working with, they are essentially paying a marketing fee,” ( Link ).
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11 February 2025 | 5 replies
@Ko Kashiwagi My understanding is that one can still execute the BRRRR strategy and successfully cash out, but due to high interest rates, the rent may not cover the mortgage.
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13 February 2025 | 7 replies
Opex has been a huge hit to most property owners in all shapes and forms, myself included, but to know to keep your back wide enough to cover your own you'll be able to navigate these waters just fine.
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10 February 2025 | 16 replies
If i buy a property only to cover the mortgage, then come out of pocket for repairs, then it sounds like more of a flip than a rental property.If cashflow doesn't cover all the operting expenses, it doesn't necessarily mean it is a bad investment given appreciation.
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9 February 2025 | 3 replies
I just do all my bookings over airbnb, its too risky to go direct as the guests aren't covered by airbnb insurance.