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30 January 2025 | 6 replies
We've seen 3% for 100+ unit apartment complexes, but they also have onsite staff not included in the 3% management fee.Two other pricing options to properly understand:1) Fee charged based upon tenant payments or just occupancy.
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3 February 2025 | 15 replies
Your monthly corporate rental rate is $2800 per month and you have an 80% occupancy rate.
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30 January 2025 | 56 replies
Cost Advantage: Property prices in Mexico can be 40%-50% lower than comparable investments in the U.S. or Canada.High Occupancy Rates: The average rental occupancy rate in Tulum is 70%-80%, driven by year-round tourism.Economic Stability: Mexico's economy grew 3.1% in 2023, with a robust real estate sector supported by foreign investment.Infrastructure Investments: Developments like the Maya Train and new airports enhance connectivity, boosting property value.Feel free to reach out if you'd like more information on how to invest in Mexico, benefits and insights in general!
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24 January 2025 | 10 replies
I've also leveraged that capability to build some pretty cool dashboard on my end to occupancy, revenue, and cancellation rates across all platforms.
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17 February 2025 | 92 replies
This section asks you to list all properties you currently own and what you owe on them.and includes a full page of boxes to fill in such as Property ValueStatus: Sold, Pending Sale, or RetainedIntended Occupancy: Investment, Primary Residence, Second Home, OtherMonthly Insurance, Taxes,Association Dues, etc. if not included in Monthly Mortgage PaymentFor 2-4 Unit Primary or Investment PropertyMonthly Rental IncomeCreditor Name Account NumberMonthly MortgagePayment Unpaid Balance To be paid off at or before closingType: FHA, VA, Conventional, USDA-RD, OtherCredit Limit (if applicable)It doesn't specifically ask who's name the loan is in.
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28 January 2025 | 29 replies
If it's currently an STR they should be able to provide you with the p/l statement from prior years so you can see gross rents, operating expenses, average daily rates and occupancy levels.
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25 January 2025 | 3 replies
My low months were 50-65% occupancy and 100% for summer.
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19 February 2025 | 23 replies
There are some conventional financing for owner occupants with 5% down.
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29 January 2025 | 8 replies
If you own this as a rental then there is not homestead exemption and you'll pay much higher tax rate than a resident/owner occupant in SC.
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30 January 2025 | 4 replies
Post Dodd Frank sellers have continued the same bad practice of selling houses to occupants with financing at selling prices that are way high, can't be justified via any type of 3rd party valuation (appraisal, zestimate, tax value, even recent sales in the same area).