
10 October 2024 | 14 replies
If the loan officer won't do that for you, you've got the wrong loan officer, find a new one.

12 October 2024 | 7 replies
Quote from @Stuart Udis: I suspect they drew you a flow cart and then your conversations went something like this:Please kindly remove your bugs from my office

9 October 2024 | 10 replies
They cut operations staff down to bare-bones, cancelled over 1,000 listings with no notice, and moved entirely to a revenue-share model (which is why they eliminated those 1,000 listings, as they were non-revenue share).

10 October 2024 | 28 replies
I personally am in a college town and my target audience tends to be single travelers, and or couple(s) traveling to visit campus or visit their student at school.. so for me in my market the 1 bedroom / studio units are the best ROI in terms of occupancy and revenue per sqft, I believe. 3) I’d open up a convo with a few local hosts and see what their experiences have been and chat with them about their journey.

14 October 2024 | 420 replies
. - This resulted in $40,484 in revenue.

10 October 2024 | 6 replies
yesss you'll want to run the numbers on a few different scenarios: 1. doing a cash-out refi (new loan amount, new rate), 2. doing a HELOAN to tap into your equity... and actually, 3. selling the property and doing a 1031 into a bigger asset that will cashflow better. condos (when doing LTR) rarely cashflow much if anything. find an investor-friendly loan officer that can help you figure out which path is right for you!

8 October 2024 | 6 replies
As many STRs in the area, I have been dealing with cancellations and loss of revenue and will likely to do so for the forceable future.
15 October 2024 | 69 replies
Some I can think of off the top of my head would be salaried sales reps, basic record of past performance, proper offering documents, back office procedures, policies and procedures for proper vetting of investor accreditation.

10 October 2024 | 17 replies
You're going to bleed cash before you make a dime of revenue.
10 October 2024 | 0 replies
Since the Internal Revenue Service (IRS) doesn’t consider child support taxable income, I would not consider it in the rent calculation unless you have a HUD-specific home.According to hud.gov, “[rental property] owners must count alimony or child support amounts awarded by the court unless the applicant certifies that payments are not being made and that he or she has taken all reasonable legal actions to collect amounts due, including filing with the appropriate courts or agencies responsible for enforcing payment.”So, does child support count as income for renting?