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20 December 2024 | 13 replies
@Tony Vicente the city website has good information about zoning.
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20 December 2024 | 3 replies
But always keep your core values front and center.I’m curious... now that you’ve got this momentum, what’s the next step you’re considering to deepen those relationships and keep the positive energy flowing?
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17 December 2024 | 9 replies
Maybe they are bad communicators.Assuming you still want the place, I would do anything you want to reach out via the renal address or professional websites, but home addresses and personal social media is going too far.
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17 December 2024 | 5 replies
The Phila.gov website says this is needed to get your wholesaler license:InsuranceYou must provide a Certificate of Insurance that includes the minimum amount:General Liability Insurance: $1,000,000 per occurrence
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18 December 2024 | 5 replies
Im just now realizing our potential with the first investment and had no idea what a great position it put us in to move forward.
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20 December 2024 | 6 replies
Once that phase is complete, I’d transition back into long-term holds.As for the cash-out refi, without at least doubling the rent, I’d be in a net-negative position each month, which doesn’t seem like a worthwhile trade-off.On the tenant side, I agree with your point about the business aspect—it’s something I’m working on coming to terms with.
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25 December 2024 | 22 replies
However, what I've learned is that for the most part, if most of your bookings are with guests that have a positive history (Airbnb/VRBO), your rates are competitive (to possibly slightly higher because you stand out, offer more, etc.), and you've made your House Rules clear, then don't sweat the small stuff.By that, I mean- you'll have guests who have 5-star ratings but can still leave a mess or damage (other owners didn't report accurately or it was complicated) but you have recourse via photo evidence (your cleaners, etc.) to ask for reimbursement (or use something like AirCover, etc.).
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19 December 2024 | 22 replies
Typically speaking 20% down (80% LTV) is the bare minimum that commercial lending requires. 10% down is unheard of unless you are getting a great deal and negotiate some small seller financing in second position or getting an SBA Loan for acquisition where your business will occupy over 51% of.Â
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21 December 2024 | 6 replies
@Blake Kirby You're in a great position and you'll get lots of feedback here that can help you decide your direction.
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18 December 2024 | 4 replies
Thar's gold in them ther' hills", if you know HOW & WHERE to look.We've got all of Detroit's 183+ Neighborhoods mapped on our website - which can help.DM us for more info...