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25 August 2024 | 13 replies
If you have positive cash flow with the HELOC, you can wait and collect cash flow until it sells or sell at a loss and move on.
22 August 2024 | 8 replies
How does one get airbnb not to collect taxes on mid term rentals?
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23 August 2024 | 14 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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21 August 2024 | 0 replies
We're thinking for incoming leads a google voice number, website to collect seller information, and an acquisitions email address through our google domain.
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22 August 2024 | 5 replies
My mortgage would go up $781 for the next 30years, the ADU income would more than cover & I hope to pay extra principal to cut my loan time -it's just I was hoping to pay off ADU within 5.5yrs- so that I can collect 'all' ADU income at that point <I'm fixed income & I lose 'some' personal income in 5yrs so trying to plan ahead on how to recoup that>.
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21 August 2024 | 16 replies
This way, the cleaning fee gets sent directly to the cleaners, and now we only get our percentage of the nightly rate instead of going back and forth with the owners collecting cleaning fees.I own and manage a few short-term rentals in Indian Rocks Beach, Largo, and Seminole.
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22 August 2024 | 29 replies
[The property manager we work with has a $250 start-up fee, 8% of the collected rent, and a $300 tenant placement fee.
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20 August 2024 | 4 replies
This could be an opportunity to step in and optimize the property.
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21 August 2024 | 7 replies
This also comes with advantage of anonymity of owner and address.3) Operating LLC (Y) will be a single member Wyoming LLC and works as a Property Management responsible for day to day operations such as collecting rents, making mortgage/insurance/HOA payments etc on each LLCs (A,B,C) behalf.
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19 August 2024 | 3 replies
I have an eviction in process in Madison county IL (southern IL). Tenant did not pay May, June, July, or August. $1550/mo. Had court date 8/1, they no showed, so we have default judgement. Supposed to be out by 8/13, ...