Diana Jing
Rent To Retirement Review
7 September 2024 | 85 replies
Appreciation has been higher on almost all properties than we expected over just a couple of years allowing us to 1031 into more properties in a short period of time.
James MacBean
Attention! Cash for Keys
1 September 2024 | 3 replies
Law requires a 3-day grace period, so I charge a late fee on the 5th and never waive it.3.
Jenny Milu
What's your best piece of advice or tip when starting out managing a STR?
3 September 2024 | 23 replies
1) continue to maximize and hone your listing over a 2 week period.
Andrew Acuna
What is everyone's obsession with hiring PMs!?!
4 September 2024 | 84 replies
Obvious answer is get a PM since you have no idea that you trained them to pay late.Most of them actually believe the tenant is not late till the late fee grace period ends.
Manshi M.
REM Capital - Robert Ritzenthaler - Thoughts?
3 September 2024 | 20 replies
I can tell you that from the inception dates of our wired capital into REM, we have seen a total of $12.04K back in distributions over around a two year period.
Christopher Lynch
Florida vs New Hampshire Short Term Rentals? ( Who Wins )
30 August 2024 | 29 replies
Currently, many municipal ordinances do not clearly address STRs, and, as the trial court recognized, until they do, we “will make decisions based on the language of the ordinances in effect, even if the results vary from one municipality to the next.”"
Kenny Stevenson
Starting out. Need starter advice
29 August 2024 | 10 replies
You could read 100 books and still need to learn more because certain things must be learned through trial and error.
Sanjeev Advani
Freddie Mac and Fannie Mae Introduce New Tenant Protection Policies for Multifamily L
31 August 2024 | 1 reply
These standards include a mandatory five-day grace period for rent payments, a 30-day notice for rent increases, and a 30-day notice for lease expirations.Borrowers must incorporate these standards within six months of closing a loan, and full compliance is required within 24 months.
Agustin Rossi
What to do if a motivated seller asks for proof of funds?
3 September 2024 | 32 replies
We always do a 15-business-day inspection period and advise the seller that we will need access to the property, which usually takes 2 to 3 days to get our financial partners and contractors to the site.
Yoav Schatzberg
How to review a P&L
30 August 2024 | 4 replies
A brief summary of revenue, costs, and expenses incurred within a specific period.