Alec Dressler
How to Determine Public Interest in a Potential Airbnb Property?
13 January 2025 | 15 replies
Highlight the property’s unique features (off-grid, sustainable) and the area’s growth potential to show long-term value.
Jennifer Fernéz
Help with this deal!
18 January 2025 | 10 replies
It's crucial to evaluate how the deal performs with the new mortgage:Updated Financials After Refinancing: Market Value: $250,000 Mortgage Amount (80% LTV): $200,000 Equity: $50,000 Interest Rate: 5% (30-Year Amortization) Assuming after 12months the rate will drop from 6% to 5%Monthly Expenses: Mortgage Payment: $1,074 Property Tax: $260 (4% Adjustment from last year) Utilities: $309 (+3% Adjustment) Insurance: $104 (+4% Adjustment) Vacancy: $105 Repairs & Maintenance: $105 (now after 12 months we can assume we have repairs at 5% factor on annual rent) Total Monthly Expenses: $1,957Rent Income after 12 months assuming annual rent increase at 5% : $2,100Cash Flow: $143 per month 😊Year 2 Return on investment $2,951 Principal Paydown year 2 $20,000 Property Appreciation (assuming 8% per year) $1,720 Yearly Cash Flow (this will increase as rents rise) $50,000 Initial Equity Total Gain $74,671 with just $ $22,789 remaining in the deal.
Gabe Chase
Best Amenity to Add?
30 December 2024 | 13 replies
What’s one feature or amenity that gets the most guest compliments?
James Dugan
Texas - Keeping HELOC when changing Primary residence
20 December 2024 | 4 replies
It’s crucial to consult your lender, document everything, and seek advice from a real estate attorney or CPA to align with your long-term goals.Good luck!
Ken Latchers
Booking.com. insane not to use.
9 January 2025 | 59 replies
Either through the sync calendar feature of the listing sites and or a channel manager. let booking.com collect the payment.
Jonathan Greene
5 Reasons You Aren't Making Connections With Clients on BP as an Agent
30 December 2024 | 12 replies
I think we also have to separate agents posting on BP and people who pay to get featured as an agent on BP, not that they are much different.In the end, the best agents are the ones who provide the most value to the clients and know the most about their markets.
Tod DuBois
Many leads but not bookings on Furnished Finder - to to resolve
14 January 2025 | 19 replies
I know the founder and know that they've set out to build a platform that takes the best features of sites like Furnished Finder and Airbnb and leaves out the clunkiness and annoying policies and practices.
David Cherkowsky
Loan Option Advice for House Hack in Alexandria VA
5 January 2025 | 17 replies
Rates can fluctuate, so shopping around for the best deal is crucial.
Sri S.
Which short term mgmt software is better for sending automated messages, pricing
29 December 2024 | 9 replies
They were lacking in accounting which is why we switched, but I heard since they have gotten better accounting features.
Jonathan Greene
What Do You Think Of All Of The Reverse Trolling in the Forums?
6 January 2025 | 77 replies
It's not a giant burden right now, but with AI and duplication posts, it's becoming much easier to spam overall.I still find the biggest 'issue' on the Forum is what we've already talked about - the failure of most new members to use the search feature before asking the same question that has been asked over and over again.