1 August 2024 | 125 replies
It will be frustrating and even more frustrationing is that... without a written policy, it'll be extremely difficult to explain that you didn't discriminate.Sidenote: We send application standards BEFORE they schedule a first showing.

30 July 2024 | 3 replies
Next I would definitely walk the property extremely thoroughly, look for foundation problems, roof, hvac, appliances, every sqft of the property should be inspected.

29 July 2024 | 21 replies
It looks to be break even currently, but every year after when the price of electric goes up is where the savings would be, assuming the usage doesn't change much.

31 July 2024 | 11 replies
Yes, I am worried about liability issues in extreme situations and plan to use an LLC.

29 July 2024 | 13 replies
If you're converting to a long term furnished rental, the expectations are different and so is the day-to-day usage of your place just as you've assumed by your question about wear and tear.

31 July 2024 | 19 replies
LTR are much easier for a beginner and the income is extremely stable.

30 July 2024 | 2 replies
Always think it is extremely important to note that Cap Rate does not drive value on Single Family Rentals since NOI is not the factor for the vast majority of the market - only really relevant for Multifamily and Commercial (BP audience is generally skewed towards residential not commercial investing)

1 August 2024 | 10 replies
Then they will also be unprofitable and they will sell them, it is a vicious cycle and there’s simply too many STR‘s in the Poconos right now, the demand isn’t there and basically no one is making any profits off STR right now in the Poconos, they’re basically all losing money month over month on STREven right now in peak Summer season, most of my friends places are barely booked: they have low occupancy rates, and when they are booked, it’s only because they had to lower their prices extremely low like $100 per night.

30 July 2024 | 5 replies
It can be extremely lucrative if you know what you are doing.

30 July 2024 | 1 reply
She has been extremely responsive, polite, etc in all communication.