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12 January 2025 | 28 replies
When I brought up the cleaning fee he threatened to just leave once the end of the month was up and he'd have his gf clean for free which has not happened to this point already.
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8 January 2025 | 13 replies
We charge 1% of the frontside wire fee with no additional Cost.
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7 January 2025 | 24 replies
Normally, you would charge a cleaning fee (ex. $250), then refund them back the remaining.I don't understand why some people say you need a seperate account for every tenant, that's a bit ridiculous especially since banks normally require min balances, so you'll end up owing thousands to the bank everytime you pay back the tenant's security deposit.
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16 December 2024 | 1 reply
This article presents three key factors to consider before deciding that now is the time to sell/exchange: 1) regulatory, 2) economic and 3) personal timing.1.
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2 January 2025 | 4 replies
Do you have a setup fee?
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20 January 2025 | 37 replies
A goal of 40 doors is theoretical and likely just matches the income that you want to get to that ranch, but managing 40 doors, especially when they are broken up into 15-20 properties is a bear for you or for property management fees (especially so if they are not all near each other).
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16 January 2025 | 13 replies
I'm sure that factored in to the government trying to find a way to gain ownership of the land and the only solution appeared to be a land swap.
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2 January 2025 | 1 reply
I ultimately invested $65 cash, $5k in legal fees, and $9.7k in operational expenses while owning the home, and walked away with $17.3k after a judgement.What made you interested in investing in this type of deal?
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31 December 2024 | 17 replies
The biggest factor is thoroughly review their credit score report especially on time payment record and score.
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1 January 2025 | 7 replies
I have three listings, 1. unit with a pool and hot tub, 2. unit with a hot tub, 3. both units together as a 12 sleeper.Gross monthly income (after booking channel fees) for the first unit over a 7 month period was $7309.Gross monthly income for both units over a 14 month period is $11,297 (after booking channel fees) As a long term rental the combined rent would be in the region of $5500.Is it possible to sell the property based on the income generated by the STR business or would the value always be based on bricks and mortar comps?