
25 November 2024 | 12 replies
I'm also considering Legal Zoom for the LLC portion -- and I understand they may also be able to assist with the operating agreement.I'd also welcome any recommendations on accountants too.

25 November 2024 | 12 replies
Once you have a short list, get an account with each one and run them through the wringer to see how they really function.

23 November 2024 | 3 replies
Does it go down like a traditional mortgage (funds requested at closing, checks written, etc), or do they hand over the funds to your account beforehand so you can put the money up as if it is cash?

28 November 2024 | 22 replies
We have a couple ground up projects in the early stages and will be taking that into account when planning.

22 November 2024 | 1 reply
Prepaid items are comprised of property taxes and insurance and prepaid interest.Property taxes and homeowners’ insurance will depend on whether or not you have an escrow account, when you are closing, and when those items are due.
25 November 2024 | 11 replies
Are you looking for software to track tenants, accounts, rents, etc?

23 November 2024 | 40 replies
If you have an integrated account and receive the inquiry from VRBO, but then book the guest off platform they double their commission rate to 10%.

2 December 2024 | 33 replies
How many years would it take to get $360k in your bank account based on the rental income if you paid all cash?

21 November 2024 | 6 replies
You should also have a conversation with your tax accountant about your bank account setup.

24 November 2024 | 27 replies
PROGRAM 2 Owner use up to 3 weeks 40% of Adjusted Gross Standard FF&E in high season & 3 weeks Revenues from the Unit and accessory in low season package required.PROGRAM 3 Owner use up to 6 weeks 30% of Adjusted Gross Standard FF&E in high season & 6 weeks Revenues from the Unit and accessory in low season package required.HIGH SEASON: DECEMBER 21st - APRIL 15th LOW SEASON: APRIL 16th - DECEMBER 20thNote: The following fees are deducted from the gross revenue before the split:5% Management fee, 5% Travel Agent Commissions, 2% Credit Card Commissions, $4.00 per occupiedroom night (TRUMP Fee) & Group meeting fee may apply.Other Monthly Fees: 4% of the gross revenue is moved to the FF&E Reserve account and approximately$20 for liability insurance.Monthly Condominium Dues: $895.57 (These can be deducted from your monthly revenue)Initial Rental Program enrollment fee $500 and $2500 initial FF&E Reserve account contribution.Fees for OWNERS STAYS: In Rental Program (Optional): 1