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21 August 2024 | 5 replies
We used to do pet deposits, but now we collect a one-time "pet fee" upfront that is designated for damage repair and cleaning on the back end.
22 August 2024 | 8 replies
How does one get airbnb not to collect taxes on mid term rentals?
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24 August 2024 | 26 replies
Avoid any of the "Heights" in Cleveland, those areas have POS which is a pain and capital intensive on a deal that needs extensive repairs.
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23 August 2024 | 14 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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21 August 2024 | 0 replies
We're thinking for incoming leads a google voice number, website to collect seller information, and an acquisitions email address through our google domain.
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22 August 2024 | 5 replies
My mortgage would go up $781 for the next 30years, the ADU income would more than cover & I hope to pay extra principal to cut my loan time -it's just I was hoping to pay off ADU within 5.5yrs- so that I can collect 'all' ADU income at that point <I'm fixed income & I lose 'some' personal income in 5yrs so trying to plan ahead on how to recoup that>.
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21 August 2024 | 16 replies
This way, the cleaning fee gets sent directly to the cleaners, and now we only get our percentage of the nightly rate instead of going back and forth with the owners collecting cleaning fees.I own and manage a few short-term rentals in Indian Rocks Beach, Largo, and Seminole.
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20 August 2024 | 0 replies
We were fortunate to have an extension on this matter.
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21 August 2024 | 10 replies
@Angela HolmThis property in Zenda, WI, requires extensive repairs and is located between Milwaukee and Chicago.
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21 August 2024 | 94 replies
Basically from what I understand you collect a few thousand option to buy that is no refundable.