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18 February 2025 | 9 replies
You could convert them to a DSCR loan but then transfer them to a LLCWhat we have done is save for down payments and renovation costs, - buy properties that need work rehab them and then refinance them out making sure it meets our dti.
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5 February 2025 | 16 replies
As a short-term rental property manager in Massachusetts, I charge a 20% co-hosting fee, which includes full-service management—guest communication, vendor coordination, cleaner oversight, and overall property operations.I've seen competitors charge anywhere from 10% to 30%, but lower-cost managers often cut corners, while higher-end services may not always justify the price.
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2 February 2025 | 10 replies
If you already have existing property and transfer property to an LLC, then it could trigger the due on sale clause the bank.
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27 January 2025 | 7 replies
Asset sold was mainly transfer of client list and contracts.Does it make sense for me to seek out a note purchaser?
19 January 2025 | 1 reply
Type Line Item Fee Fixed Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $600 Variable Fees Business Hour Service Calls $90/hour + Materials Cost + Tax After Hour Service Calls $120/hour + Materials Cost + Tax 3rd Party Coordination HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Negotiated Vendor Cost + 10% Oversight Fee
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28 January 2025 | 7 replies
It took about 8 months for the deed to be transferred to my name from the time of sale.3.
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13 February 2025 | 8 replies
Hi @Jose SaladinThe deed would have to be transferred into your name like a normal RE closing + closing costs and other fees.
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4 February 2025 | 10 replies
In my area, they charge transfer tax on the assessed value rather than the LOW sale price.
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28 January 2025 | 6 replies
You can later transfer the property to the LLC, but be aware it might trigger due-on-sale clauses or additional costs.
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16 January 2025 | 13 replies
Residents in flood-prone areas were offered newly built, elevated homes on safer ground in exchange for transferring the title of their damaged original homes to the city. 3.