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25 September 2024 | 96 replies
If I forget to pull them out, then I have to drive downtown to get a copy of the paper from the office at the newspaper.I'm pretty good at remembering now since I have driven down there a couple of times in the past.
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22 September 2024 | 9 replies
It's about a 40 minute drive from me.
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22 September 2024 | 20 replies
Tenant stipulates, represents, and warrants that Tenant has visually examined the Premises, and that it is, at the time of this Lease, in good order, repair, and in a safe, clean, and habitable condition.
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20 September 2024 | 9 replies
Hi BP'rs, I don't have a good sense of how the interest rate cut today will affect me as a new investor looking for my first deal... will it start to drive up prices of homes in areas i'm looking at as money gets cheaper or am I off base?
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23 September 2024 | 19 replies
If you operate an STR, gross income is your total rent paid by your guests, before any subtractions.To figure out your taxes, you take this gross income and subtract from it all allowable business expenses: marketing, education, technology, licenses and fees (including Airbnb and credit card fees), office expenses, business driving and so on.
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20 September 2024 | 1 reply
Also, helping find other ways to drive revenue, including add-on packages and more.
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20 September 2024 | 14 replies
I can assure you the city demolished a building because of make safe violations that were ignored, not because of a desire to force gentrification.
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22 September 2024 | 13 replies
On one hand, if Experiences attract more travelers looking for unique, bundled stays and activities, it could help hosts by driving more bookings and increasing guest satisfaction.
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19 September 2024 | 13 replies
But the question is whether one can actually achieve the proforma cash flow on older properties with a less economically stable tenant base.Based on your picture, you appears fairly young.My advice is buy properties in quality locations think long term 10 to 15 years - slowly and safely build your portfolio - equity and cash flow will increase over time and in 10 to 15 years you may become financially free.People talk cash flow is king but one can NOT generate financial freedom cash flow with $250,000 or $500,000 invested (equity).Even at a 10% cash on cash return, one needs $1.2M invested to generate $120K a year $10K a month.You want property to be self supporting so it needs to cash flow but once that is reached the focus in my opinion should equity growth which increases net worth.
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20 September 2024 | 9 replies
You need to make sure you have ample drive by traffic and that the market can absorb the units and how long it will take.