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1 August 2024 | 10 replies
The Poconos Association of Vacation Rental Owners put out an impact study that talks about the big picture which is good. 30 million visitors coming each year, nice things to do, mix of resorts and outdoor destinations that are not overcrowded, a pleasant place to drive to.
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29 July 2024 | 13 replies
When you demo and rebuild you'll need to hold it long enough to have it as an investment property in order for the cost seg to impact.
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30 July 2024 | 8 replies
It only tells how much you underpaid and does not tell how much impact the sale of your property made.If you want to be more comfortable with the result, pay an experienced real estate accountant to review the work of your tax guy before it is submitted to the IRS.
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29 July 2024 | 0 replies
Factors such as location, lot size, and zoning significantly impact property value and sales velocity.Let's share insights, challenges, and strategies for success in this dynamic market.
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29 July 2024 | 9 replies
The shorter the prepayment term has an impact on increasing the rate.4.
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30 July 2024 | 7 replies
. - What's the ONE most important task you can accomplish during your day that has the largest impact?
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1 August 2024 | 71 replies
If Jesus came back and got into rentals NO, N-O-B-O-D-Y get's admin access into our system. 2) They want a standardized list for maintenance items so they know in advance what repairs would cost.Being a PMc I'd invite them to acquire any of the readily available construction estimating tools/software out there such as RSMeans, but would not take on such a task as building and maintaining such a database, honestly for any $, it's simply not what we do. 3) They want a copy of all invoices from contractors to us so they can verify we are not marking up more than promised.A-ok. 4) They want to be able to talk to our contractors before work is done (each time) so they can talk contractors down in price themselves.I'd be fine with this as long as they sign a waiver that they own any/all negative impacts that result from such including extended vacancy periods, vendor refusals of service necessitating there own self-search to secure amicable vendor etc etc.. 5) They mentioned that they pay around $300 for full paint in a 2-bedroom unit.... we do not have a contractor that will touch a full paint on a 2 bedroom for $300LMAO!
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29 July 2024 | 6 replies
In some states the 2nd may be uncollectible as it’s past statute of limitationsRegarding charge off, that has little impact on borrower - the lender is writing it off I.
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30 July 2024 | 16 replies
This means to focus your time in the areas that have the greatest value & impact such as how to scale your portfolio vs working in the weeds on things like property management, repairs, rent collection, etc.
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28 July 2024 | 6 replies
I know many will say "that is commercial it will not impact residential".