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9 August 2024 | 7 replies
We hear a lot about hard money lending, utilizing the BRRR method for holding properties, etc.
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10 August 2024 | 12 replies
I know there is other software out there that can be utilized as well but after research, I landed in Hemlane.
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8 August 2024 | 19 replies
I'm guessing it's out because she failed to pay the bill (utilities are in her name), but PG&E of course won't tell me anything.I've sent a 3-day notice to Pay or Quit.
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9 August 2024 | 13 replies
Do you utilize a business credit card for any of your properties, or just for a general business card for your "rental business", or not at all?
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8 August 2024 | 2 replies
My plumber just installed laundry plumbing and a gas line in our utility room.
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8 August 2024 | 4 replies
You need to have enough money, probably in the $100-150k, amount to put the property under contract, and do the feasibility study on the property, Phase 1 Environmental, Property Drawings for roads, water sewer, and utilities, and have a completed budget so you know what your costs are.At that point you can go out and attract investors, I don't thing that developing raw land is necessarily cheaper than buying discounted finished lots.
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8 August 2024 | 1 reply
I utilized 7% for CAPEXand 7 % for maintenance given recent updates .Tenant pay for electricity and gas.
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9 August 2024 | 9 replies
Some guests are just not tech-savvy, so basic instructions for utilities/amenities that are difficult to navigate is a touch that is appreciated.
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7 August 2024 | 13 replies
@Benjamin Stacey so we utilized a HELOC to get into our first STR deal (different than your situation, but I can relate).
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8 August 2024 | 22 replies
On the flip side, mass transit can help with the car issue and water/sewer upgrades can help with the utility usage.As far as single family versus multifamily, usually multifamily is taxed higher.