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24 November 2024 | 27 replies
PROGRAM 2 Owner use up to 3 weeks 40% of Adjusted Gross Standard FF&E in high season & 3 weeks Revenues from the Unit and accessory in low season package required.PROGRAM 3 Owner use up to 6 weeks 30% of Adjusted Gross Standard FF&E in high season & 6 weeks Revenues from the Unit and accessory in low season package required.HIGH SEASON: DECEMBER 21st - APRIL 15th LOW SEASON: APRIL 16th - DECEMBER 20thNote: The following fees are deducted from the gross revenue before the split:5% Management fee, 5% Travel Agent Commissions, 2% Credit Card Commissions, $4.00 per occupiedroom night (TRUMP Fee) & Group meeting fee may apply.Other Monthly Fees: 4% of the gross revenue is moved to the FF&E Reserve account and approximately$20 for liability insurance.Monthly Condominium Dues: $895.57 (These can be deducted from your monthly revenue)Initial Rental Program enrollment fee $500 and $2500 initial FF&E Reserve account contribution.Fees for OWNERS STAYS: In Rental Program (Optional): 1
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28 November 2024 | 14 replies
Just make sure you stay the course if you do get licensed and flip.Side note this happens to realtors too that flip.
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21 November 2024 | 3 replies
Are there any tips, tricks, or guides for turning on utilities after close of escrow and possession?
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25 November 2024 | 7 replies
Your credit score needs to stay relatively the same from application to closing.
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25 November 2024 | 6 replies
.$20.27 Subscribe & Save Nippies - NippiesTrying to remain as G rated as possible...This goes to show that no matter how much you fine tune an algorithm, there are always anomalies and outliers...Stay tuned for more when I run things again in a few hours.
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26 November 2024 | 17 replies
Ask a couple of them to stay after and discuss this topic.Forget the negative tone of any of the following:This is a huge discussion with many questions and answers.
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18 November 2024 | 47 replies
I made a tracker based on the IRS audit guide.
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26 November 2024 | 11 replies
Dont cut corners just because they're only staying for 2-3 months
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27 November 2024 | 8 replies
Stay on track to buy 1 property per year.
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25 November 2024 | 2 replies
Let's say the cost goes to $4,500; then $5,000, then $6,000 while your rental rate stays at $70.