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4 February 2025 | 24 replies
Even with that, I had vacancy for 3 months, turnover expenses (rekeying, deep cleaning, etc), paying the one month lease to find a new tenant and also the new tenants are in at a lower rental rate then the prior tenants. (1500 to 1350)My Little Rock tenant has been paying but already slightly behind.
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4 February 2025 | 7 replies
Whenever I show the property, I try to make it as clean and organized as possible so that it looks appealing to whoever is interested.
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14 January 2025 | 19 replies
I think they've done a great job of building their product and if you already have a property listed on Airbnb, it's super easy to import to MiniStays (though it's not difficult to list your property there if you don't.)
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3 February 2025 | 9 replies
Maybe an investor is flipping a lot of properties and you could offer to pick up and deliver materials to his crews, clean the work sites every night, bring his crew lunch, or whatever.Find a way to make yourself useful to them, and they will reciprocate.
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12 January 2025 | 2 replies
I would confirm by seeing the product then going out and checking comparables in that market that have sold.
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23 January 2025 | 31 replies
I lived in Madrid, Spain for about 8 months and I am curious if it is possible for non-residents to successfully have rental properties within the country.My concern is mostly from a tax standpoint and whether it makes sense.My research shows that Non-residents of Spain(but a resident of Europe) pay a flat rate of 19% on NET RENTAL INCOME.Non-residents of Spain(Not a resident of Europe, such as the USA) pay a flat rate of 24% on GROSS RENTAL INCOME.The difference of paying tax on Net and Gross is huge.Americans are not able to deduct expenses such as mortgage interest, taxes, insurance, cleaning, repairs, etcA pro that I can think about when it comes to invest in Spain is that overall costs are less - Mortgage rates are currently around 4% - 4.5% while it is around 6.5% - 7% in the US.Am I reading the tax law correctly?
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22 January 2025 | 12 replies
Hey @John FriendasI have purchased 4 of my Co-Living (rent by room) properties with DSCR, 1 of them within the last few months.Not that I necessarily recommend this, but there are short-term-rental DSCR products.
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21 January 2025 | 5 replies
So, like all social media and mass production sites, it's not truly there to help the consumer, it's there to make money off consumers using the agents they partner with.
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17 January 2025 | 9 replies
I'm not an loan officer, but I know some banks locally like ORNL Credit Union have offered a 0% down conventional loan product.
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11 January 2025 | 7 replies
The law allows you to charge for ALL cleaning, including trash removal.