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7 December 2024 | 3 replies
Can't give you suggestions for financing, but for where to buy look at Alberta or another province without foreign buyer.
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11 December 2024 | 6 replies
For the insurance, I would suggest you contact your agent but it has not affected my insurance to have pets.
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10 December 2024 | 10 replies
I need a suggestion here to handle maintenance and cleaningTURNO for automated cleaner payment and scheduling along with inventory trackingQuickbooks / Bookkeeper to keep my PM business in alignmentChase bank & trust accountI'd like a better method for managing linens (bulk order) and distribution.I'd love to compare property management / cohosting agreements with someone to share best practices.
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11 December 2024 | 8 replies
Any thoughts, suggestions, or referrals on what first step to take are appreciated.
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9 December 2024 | 4 replies
I'd suggest checking in with some social service organizations within a few miles of the property to see if they work with people/populations in the area looking for this type of house.
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9 December 2024 | 21 replies
Quote from @Himateja Madala: Hey folks,I am brand new to STR's and am here looking for suggestions around STR in Kissimmee area.
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9 December 2024 | 8 replies
That ours is 3/4 inch out suggested settling since the warranty passed and/or a serious enough issue to remedy. - Drainage patterns and erosion around the foundation were consistent with the settling we saw, suggesting the slab foundation had been continuously undermined throughout the 23-year life of the house. - We plan on holding the property as a long-term rental, and the amortized cost of the repairs is marginal.
10 December 2024 | 13 replies
Interesting addition when you suggest that builders are the only ones to reap any profits.
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13 December 2024 | 32 replies
Ask anyone who ever tried to sell a cash flowing biz, it's not that easy (compared to selling a house)The best play IMO is to run a business and feed the profits into real estate.There are a million ideas, but you can start here: https://www.biggerpockets.com/biggerpockets-business-podcast Thanks for the suggestion Marcus.
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11 December 2024 | 6 replies
If you can hold on till first part of January the showings and everything else should pickup.This would be my action items: 1. hire a new agent that can sell the place, and get you numbers are rent and selling and sell the place. 2. be honest on the numbers you can get on an ARV so that you can sell it 3. start to get the conversation started with a couple lenders on what these numbers on refi would look like for you and this property 4. my suggestion would be to refi/rent before selling at a loss because if numbers work you can hold for a couple years then sell, but this is dependent on your cash position and liquidity of your situation.