Puneet Mahi
Texas or Florida?
2 January 2025 | 10 replies
Trying to run a successful PMC is difficult but trying to run multiple companies - VR, Annual, cleaning, and landscaping is probably going to give you an aneurism.
Anthony Simeone
Gainesville STR Market
23 January 2025 | 14 replies
Type of construction materials for the build(block/metal frame/wood frame), separate utilities, finishes, tech, cleaning crews, any tips and tricks would be HUGE!
Mike Levene
Most efficient source to pull funds from for a down payment?
23 January 2025 | 7 replies
In both cases to keep things clean for underwriting at the bank I used my HELOC to secure the mortgage.
Sunny Wu
Tenant wants to break lease 8 months early
6 January 2025 | 6 replies
We agreed but only after they covered cleaning costs and left the property in move-in-ready condition.
John Hickey
Long term BRRR in Bed Stuy Brooklyn, NYC John Hickey
28 January 2025 | 71 replies
So I just went with a clean design, laundry in the unit, HVAC, and new appliances sealed the deal IMO
Eric Maxwell
1st time landlord
9 January 2025 | 1 reply
I updated the electrical, painted everything, and “cleaned the property up nicely” exterior and interior.
Cole Bossert
Starting Air BnB Management
6 January 2025 | 7 replies
Hosts usually take 20%a good host replies to the guests quickly with clear check-in information a good host will troubleshoot thermostats, WiFi, and get the house cleaned and ready quickly for the oncoming guest.
Basit Siddiqi
Investing in Spain: Good idea for non-residents(Americans)?
23 January 2025 | 31 replies
I lived in Madrid, Spain for about 8 months and I am curious if it is possible for non-residents to successfully have rental properties within the country.My concern is mostly from a tax standpoint and whether it makes sense.My research shows that Non-residents of Spain(but a resident of Europe) pay a flat rate of 19% on NET RENTAL INCOME.Non-residents of Spain(Not a resident of Europe, such as the USA) pay a flat rate of 24% on GROSS RENTAL INCOME.The difference of paying tax on Net and Gross is huge.Americans are not able to deduct expenses such as mortgage interest, taxes, insurance, cleaning, repairs, etcA pro that I can think about when it comes to invest in Spain is that overall costs are less - Mortgage rates are currently around 4% - 4.5% while it is around 6.5% - 7% in the US.Am I reading the tax law correctly?
Bart Tilly
Experience With Construction Agreements?
7 January 2025 | 3 replies
Take a look at Personal Property versus Real property coverage, plus clean up costs to make sure your covered.I would also look at covering your project from the Subcontractors.
Chris Seveney
What is the Best Way to Grow as a Private Lender
13 January 2025 | 15 replies
Huge counterparty risk, I am just working through a scenario where a correspondent HML in the midwest got defrauded from bad diligence and their funding partner is having to clean things up.