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5 November 2024 | 22 replies
the fee is probably tax deductible as a business expense.Let us know the outcome!
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6 November 2024 | 7 replies
Some communities have CDD (community development district) fees.
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4 November 2024 | 4 replies
This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.
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4 November 2024 | 17 replies
Mainly finding housing that I can profit from with an assignment fee.
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5 November 2024 | 6 replies
I would not do any more renovation without consulting them and what they will require you to do.Padsplit does not allow pets except for service and ESA animals.As I understand it, parking space is an add on fee to renters.
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4 November 2024 | 19 replies
Which banks are allowing low fee HELOCs on properties in LLCs?
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5 November 2024 | 6 replies
Just beware of high HOA fees and bylaws on renting on the apartment.If you are looking for an investor-focused agent who knows condos try @Eudith Vacio or @Henry Lazerow
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4 November 2024 | 7 replies
Key things to keep in mind with your numbers are:Rent should be > PITI (principal, interest, taxes, & insurance) + maintenance + vacancy + capex + property management fee.
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5 November 2024 | 4 replies
Typically we see a non refundable deposit and extension fees to keep the property tied up.
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4 November 2024 | 4 replies
Their fees are quite high ($129/ month) for the ability to pull up property details across the US.