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4 September 2024 | 10 replies
Sometimes tenants want extra TI on new development than is standard so developer gets them to start out at inflated rent.
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5 September 2024 | 11 replies
In my experience, most who were willing to take the extra step toward having their property professionally managed were relieved to not have to deal with:A.
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4 September 2024 | 7 replies
If you need that extra cash right now, it might be worth it, but you’ll be sacrificing some of your monthly cash flow.Option 2 offers a slightly lower interest rate and no origination fee, which gives you a bit more room in your monthly budget.
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4 September 2024 | 9 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
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2 September 2024 | 4 replies
We currently live out of state, so we had to tack on extra days to our visit along with extra hotel expenses in order to make sure everything was fixed.
4 September 2024 | 12 replies
Whatever extra cash is available would be the cash out.So, for example, if you have an $80,000 loan on the property and the loan fees add to $2000 then:$175,000 * 0.8 = $140,000 loan$140,000 new loan - $80,000 paid off loan - $2000 loan fees = $58,000 cash out
4 September 2024 | 12 replies
If they don't charge, then they won't have any incentive to take care of these repairs with urgency, as it would be extra work that they have to do without compensation.
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3 September 2024 | 5 replies
Take the 3 bed 2 bath, rent out a room if you want the extra cashflow.
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2 September 2024 | 6 replies
Those extra doors offer a higher passive income and help to buy another home sooner once you file that next years tax returns.
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5 September 2024 | 26 replies
It seems like it is more at the behest of the hotel industry and the few permit holders wanting to protect their captured audience, because they strictly disallow hosted STRs, whether that be an ADU, extra room etc.