11 January 2025 | 12 replies
The company managing our property as a vacation rental was unable to get the power turned on in our condo for months because we had to get the meter switched into our name with the electric company (which is much more difficult to do in CR than in the United States).
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5 January 2025 | 2 replies
I don't have personal experience with it, but when the app was first developed, I contacted the developer and put the app through a fairly robust test usage to see if it's something I would want to recommend to my clients (I'm a CPA).I think the app is great for its intended purpose and I do recommend it to my clients now (and have for about 18 months now).
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13 January 2025 | 12 replies
This is defined as 30 days or more, and you will easily find nurses, professors, students, and more than need a 1-3 month airbnb.Speaking of, you could rent the whole space mid-term - and I suggest through airbnb or VRBO but you don't have to use those.
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26 December 2024 | 5 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
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7 January 2025 | 4 replies
Id generally like to buy and refinance 6 months to 1 year down the line and scale up bigger rentals.
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2 January 2025 | 13 replies
The return would be $50K profit per deal in 5 months.
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23 December 2024 | 13 replies
So it cost us the full say $6,000 charge.
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7 January 2025 | 2 replies
When you add purchase price, carrying costs for at least 6 months, materials, labor, real estate agents costs and taxes, do you have at least a projected 10% profit?
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7 January 2025 | 0 replies
Equity Created: $550,000 ARV - $409,000 loan balance = $141,000 in equity.Cash Flow: The property rents for $2,950/month, covering all expenses and generating slight positive cash flow.HELOC Potential: Post-refi, I can secure a HELOC up to $86,000 (90% LTV) to fund future investments.