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30 December 2024 | 6 replies
Set a reasonable salary for yourself (based on market standards) to ensure a stable income.
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28 December 2024 | 3 replies
Change all lighting to LEDTo increase revenue: 1.
3 January 2025 | 10 replies
IF that is the case full stop - yes you are paying for something called insurance but if you have a claim the company has the right to pretty much deny coverage for having the wrong type of policy.Landlord policies are higher cost but for a reason - there is a different and increased level of risk when the house is not owner occupied.Talk with your agent and get all the details sorted out.
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2 January 2025 | 4 replies
With $100K in cash, you could leverage this option to make a larger down payment and keep monthly costs manageable.Maximize Rental Income:Are there ways to increase rents on your current properties?
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27 December 2024 | 19 replies
If you haven't found renter in 3-4 weeks, drop the price (but not your standards).
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28 December 2024 | 1 reply
This way, they’ll have a vested interest in maintaining high standards of management.To truly understand property dynamics and support the management team, I recommend spending time on-site.
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3 January 2025 | 18 replies
I think I have a pretty standard screening criteria.
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22 December 2024 | 2 replies
If the rental income doesn’t sufficiently cover the debt payments by their standards, they’ll limit the loan amount, even if the property is worth more.You could try a few alternatives:•Look for lenders who specialize in commercial real estate and have more flexible DSCR requirements.
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4 January 2025 | 25 replies
if it is serious I have a couple of questions for you 1) what is the last syndication that you have seen that did not project a majority of the return from value increase?
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30 December 2024 | 13 replies
We are always looking to add more amenities and chances to increase our guest's satisfaction at all of our units.