Michael Lynch
Help with background check information
11 September 2024 | 2 replies
You want a service that provides a full credit report, full criminal, identity verification, etc.Then it would help if you had clear screening criteria.
Saulo Dias
What Matters Most for Vacation Rental Success?
14 September 2024 | 26 replies
I have seen identical properties next to each other with one producing $63k and the other $140k and the only difference is who is managing it (including self managers).
Josh Edelman
Las Vegas News + Market Recap for August
8 September 2024 | 0 replies
Additionally, it was unusually dry, with only .13 inches of rain recorded during monsoon season.Nevada Leads Nation in Online-Dating Dangers: Nevada ranks as the most dangerous state for online dating due to high instances of identity theft, romance scams, and fraud.
Heather Martini
Seeking Feedback: STR Market Insights Report
6 September 2024 | 13 replies
The percent distribution of 1/2/3/4 guest stays are almost identical between the 2 years. 2 guest stays make up 2/3s of my stays, with 3 and 4 guest stays being in the single digit percent.
Kranti K.
Defend subpoena to trust.
2 September 2024 | 18 replies
Set them up for ASSET PROTECTION, NOT to hide your identity.
Sean Gallagher
COC returns, leveraged versus buying all cash
2 September 2024 | 11 replies
If given a choice between one paid-in-full property and two identical properties with 50% leverage, the latter will always out perform in the long run.
James R.
Off Platform Bookings - Too Risky?
30 August 2024 | 25 replies
I would use a service such as vacationrentaldesk.com for this.A direct booking is no more risky than a booking through VRBO or Airbnb; they aren’t verifying identity, either.In fact, my own company has taken thousands of reservations over 19 years, and we don’t verify identity.
Mike Maher
As a contractor, would access to credit/capital help your business within 12 months?
30 August 2024 | 0 replies
For business owners, having a separate legal entity, such as a corporation or limited liability company, provides the unique ability to create a credit identity with business credit reporting agencies, also known as a business credit profile.Reality check: > Funding your business with your home equity or personal savings/guarantee is a HUGE risk > ~45% of Small Businesses applied for a Business Loan in 2023 > Less than 2% of SBA Loans are actually funded/approved > 29% of Small Businesses FAIL because thee run out of Capital > Your company’s name on a credit card is NOT corporate credit (if you used your FICO score to get it) > Business (EIN) credit will open new ways to finance your growthIf you keep doing what you've always done, you'll keep getting what you always got!
Mike Musarra
Ballooning out of a Hard Money Loan
2 September 2024 | 22 replies
The above varies based on the lender as large investment property lenders decide on their own guidelines that are often similar but not identical.
James McGovern
Are Section 8 tenants are MUCH harder to evict compared to normal tenants?
28 August 2024 | 8 replies
I've recently started an eviction on a S8 tenant of mine in Detroit.The process will be identical to a normal, cash paying tenant with one big exception.The housing authority will continue to pay the voucher amount during the eviction process.