Joseph Beilke
Costa Rica Info
11 January 2025 | 11 replies
Here are the numbers:IncomeTotalPartner ContributionsManaging Partners Debt$0.00Partners Deposits$987,459.99Total Contributions$987,459.99Operating IncomeAirbnb Income$50,186.50Square Income (Vehicles or add-ons)$6,741.04Total Operating Income$56,927.54Total Income$1,044,387.53ExpensesPurchase of propertyCost of House-680,000.00Closing Costs-$26,744.44Total Cost of Purchase-706,744.44Set Up ExpensesHouse Improvements & Care taker home addition-116017.03Adding Tiny House-52130.83Furnishings-68403.65Vehicles-43150Set Up Costs and Advertising-2339.53Total Cost of Set Up-282,041.04Operating expensesCare Takers-14535.9Additional Cleaners-1505Cleaning Supplies-2670House Supplies-1340Landscaping-4230.66Utilities (Power & Water)-8204Internet-315Pest control/fumigacion -120Pool cleaning/maintenance-2220Vehicle Gas-552.3Vehicle Maintenance and Repairs-6625.01Welcome Food for Guests-115Property Repairs-4999.64Bank Fees-1208.06Accounting Fees-1085Insurance-955.74Other Expenses-1071.2Total Operating Costs -$51,752.51Total Expenses-$1,040,537.99Net Income$3,849.54Net Operating Income$5,175.03Now 5k for an investment of 970k is not a good investment.
Rene Hosman
If you had one question for a professional Syndicator, what would it be??
21 January 2025 | 32 replies
I've never advertised for money, I don't mass market.
Kathy Fettke
How to go after Growth Equity Group-Brett Immel, Preston Despenas
6 January 2025 | 38 replies
This is similar to what Clayton Morris has been accused of recently: https://www.nytimes.com/2019/09/10/business/clayton-morris-indianapolis-fox-news.htmlI believe the FTC should be involved due to the advertising side of this alledged fraud.
Chris Boling
Cincinnati Property Manager
2 January 2025 | 11 replies
How do you advertise your vacant units?
Dominic Holt
Property Management Recommendations AZ?
31 December 2024 | 10 replies
I had to get it set up due to the advertised washer and dryer costing me $$.
Chris Menne
Should I Sell or Rent Out?
3 January 2025 | 18 replies
If you want a more accurate estimate for rent, use any platform and zoom into your local neighborhood and see what similar properties are advertised for rent.
Jack Cottrell
Help me adjust my expectations - first deal pending
24 January 2025 | 36 replies
Do managers that advertise 8% only do 8% when there's a bundle of doors to manage?
Geoffrey Serdar
Engagement Fee for a loan: LENDBASE
29 January 2025 | 31 replies
I feel like they took my money and didn’t give the excellent service advertised on their website.
Darius Tuy
Hi there, just a 19 year old Real Estate Agent based in Stockton, California!
28 December 2024 | 1 reply
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
Paul Lucenti
Maximizing monthly cash flow per unit
28 January 2025 | 27 replies
No maintenance/cap ex, vacancy, PM, book keeping, asset protection, miscellaneous, etc.his actual cash flow when properly allocating for sustained expenses is a fraction of his advertised cash flow.