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27 September 2024 | 6 replies
.- Mobile’s low cost of living and doing business provides a desired aspect to renters that can’t be achieved elsewhere, which provides a steady influx of renters thereby decreasing vacancy rates.
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26 September 2024 | 10 replies
I was hoping to receive some realistic feedback on the "flexibility" aspect of the work.
25 September 2024 | 8 replies
The bottom line is if the fee is too high and impacts bookings negatively, the cleaner won’t be getting paid either, so it really is a team effort.The best advice I can give is don't charge an extra guest fee if the guest number is at or below your max.
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25 September 2024 | 6 replies
I'm not sure how accessible it is from that aspect though.
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25 September 2024 | 11 replies
If you feel your CPA may not be fully up to date on certain aspects of your particular tax situation, especially with multi-state holdings, consulting another professional can offer fresh insights or alternative strategies.
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27 September 2024 | 11 replies
Just remember: most negative reviews are written by problematic tenants.
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26 September 2024 | 10 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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25 September 2024 | 0 replies
The term "Price Improvement" is a strategic choice, aiming to cast a positive light on what might otherwise be perceived as a negative development.
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23 September 2024 | 10 replies
I'm particularly interested in understanding:- Key renovation aspects that meet Section 8 standards- Common pitfalls to avoid in the process- Any specific features or improvements that are highly recommended to facilitate a smooth inspection and tenant satisfactionAny advice or a checklist you wish you had when you started would be super helpful.Thanks a lot!
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27 September 2024 | 11 replies
Thanks for your real world experience on that aspect of the deed transfer.