
21 November 2024 | 12 replies
I think a lot of people like using the platform since even the primitive sites offer more space and privacy than a 'typical' public campground where you can hear the next guy snoring.

25 November 2024 | 16 replies
Understanding their cash flow is critical.I especially like your idea of communication clauses—non-responsiveness is a huge red flag, and setting expectations upfront can save a lot of headaches later.

21 November 2024 | 6 replies
It varies deal to deal, on one property maybe up to 65% LTV, but if you have more collateral the more likely they can make something work.For example, I've done numerous deals where we place a 2nd on 4-5 properties and the lender feels comfortable lending x amount of dollarsThese are very non traditional loans and no two will ever be the same.

26 November 2024 | 46 replies
Lending favors w2 employment.Self employed have; Non of the above. exactly my point if your going to be self employeed you need to make a bunch more than your salary with bene's.

21 November 2024 | 25 replies
I didn't try too hard, but again, if somebody has had their hand in hundreds of houses you'd think they WANT a real and recorded public presence.

19 November 2024 | 23 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

23 November 2024 | 20 replies
I read some old posts where folks have suggested using non locking door knobs is that something tenants like ?

22 November 2024 | 7 replies
This will help limit your liability on the non-homestead property without affecting your exemptions.3.

20 November 2024 | 8 replies
To keep my privacy, and my name and address off the public records, I used a registered agent for the LLC.

18 November 2024 | 47 replies
It works like this:(1) Save up enough money for a down payment(2) Buy a single family home that you will Airbnb/VRBO(3) Ensure the “average period of customer use” is <=7 days(4) Materially participate (5) Cost segregate the property, resulting in large depreciation deductions(6) Use the losses from step 5 to offset your W2 incomeWhat makes this possible is that operating an STR is considered “non-passive.”