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Results (10,000+)
Stephanie St. Germain Reliable cleaners for STR
16 April 2024 | 6 replies
Your cleaning person should also let you know if you are short or need supplies (i.e. toilet paper, soap,etc) or if anything is broken or missing.I would create a checklist for the cleaning person of what they need  to clean every day, what needs cleaning once a week, and what needs cleaning once a month. 
Robert Zajac Questions/concerns about normal PM fees/expectations for Cleveland Ohio
18 April 2024 | 12 replies
Here's a PARTIAL list:Office rentComputers, printers & softwareInternet & phone billOffice furnitureOffice supplies: paper, postage, ink, etc.Office liability insuranceAuto expenses: monthly payment, insurance, gas, maintenance, registration/plate feesBroker license fees: annual, monthly board & MLS fees, continuing education fees, E&O insuranceEquipment: lockboxes, signs, etc.Business income tax preparation and paymentsStaff payroll & payroll taxes Time Tasks: answering phones, calling past due tenants, scheduling tours, taking marketing pics, processing those pics, writing ads, researching rent amounts, posting ads, explaining to owners how rent determined & showing where ad posted, opening & processing mail, posting payments, bank deposits, scanning documents & posting to owner & tenant portals, explaining accounting to owners so they understand their monthly statements, taking pics/videos of repairs, finding reputable handymen and contractors, confirming they're properly licensed & insured and tracking annually, verifying repairs done properly, processing invoices for utility bills, repairs, taxes, city inspections, scheduling periodic property evaluations/inspections with tenants that don't want strangers in their homes, explaining to owners why taking so long, and more & more & more...
Kristi Tietz Question regarding short term EMD lending or “gator lending”
18 April 2024 | 54 replies
I could see this being useful in a BRRRR scenario, but in that case you could be looking at a much longer term loan than 30-60 days, especially given supply chain issues and the uncertainty of the person being able to qualify for the cash out loan as rates continue to climb.
Terri B. Is it better to have debt than own free and clear?
15 April 2024 | 20 replies
But that assumes you have minimal equity within a LLC and you’ve operated the entity in a fashion that cannot be pierced.
Mario Morales Is this profitable? Not sure if this is good or bad
15 April 2024 | 10 replies
Your repairs, supplies, and maintenance look excellent. 
Sahil Rajput Cannot find cash flowing deals in CA
18 April 2024 | 83 replies
That's just not going to work when you add up higher rates, less supply, and net population growth.
Madden Telles Financing Tips & Plans
15 April 2024 | 6 replies
Now, to answer your questions here, you cannot own property in the US in this fashion until you are 18 years old.  
Lenza M. Is Holton Wise Sale of Quad in Cleveland a Scam? (7809 Franklin)
20 April 2024 | 100 replies
Am I reading correctly that it is abnormal to supply that information (As PDFs/XLS, not talking in a video) to a market-rate buyer? 
Ian Hogan Springfield MA MultiFamily March Market Update
15 April 2024 | 1 reply
Market Supply in 2024 remains high compared to the previous years, despite decent sales numbers, which can indicate a fluctuating amount of buyer activity.
Selina Giarla Where Are The Deals!?
18 April 2024 | 87 replies
For me I would rather sell it all and put the money to the CD, it's not even worth it anymore considering the low cap rate and huge additional supply that keeps coming up.