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1 August 2024 | 10 replies
Then they will also be unprofitable and they will sell them, it is a vicious cycle and there’s simply too many STR‘s in the Poconos right now, the demand isn’t there and basically no one is making any profits off STR right now in the Poconos, they’re basically all losing money month over month on STREven right now in peak Summer season, most of my friends places are barely booked: they have low occupancy rates, and when they are booked, it’s only because they had to lower their prices extremely low like $100 per night.
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30 July 2024 | 23 replies
It seems like the IRS is simply giving me as the organizer, or managing member the ability to choose one or the other scenarios, with either a clause in the operating agreement, or written on the Articles of incorporation/formation, or simply by a Members Resolution.
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31 July 2024 | 34 replies
FF is simply a lead gen funnel.
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31 July 2024 | 18 replies
Even Virtual Wholesalers.Some say they are simply a middle man and provide no value.I think a middle man provides the a necessary function.
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31 July 2024 | 9 replies
There's simply not a lot of small multis here.
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29 July 2024 | 6 replies
Is it better that the seller's mortgage gets paid (by someone else) and the property turned into a rental or should the seller simply 'walk away" and stop making payments and the property become vacant ?
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30 July 2024 | 5 replies
Especially since you don't live in SD anymore.Lastly, multi family units and apartment complexes simply offer greater economies of scale for maintenance and other expenses because it's more "doors" under one roof.
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30 July 2024 | 6 replies
The state is Florida.I did not consider this first mortgage an issue because I was simply going to live rent and mortgage free in this property myself, rent bedrooms, make good money and recoup my investment in short time (netting 4k income per month if you count not having to pay my current rent).
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29 July 2024 | 14 replies
Or it simply can’t connect to Wi-Fi in order to change passcodes?