17 June 2024 | 9 replies
You can customize the payout duration and amount.
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16 June 2024 | 15 replies
This means that an owner cannot legally operate a short-term (less than 30 days) vacation rental in the county, except for one zoned residential, multiple-family on the barrier islands.City of SarasotaThe city of Sarasota does permit short-term vacation rentals with a minimum lease duration of one week.
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12 June 2024 | 4 replies
I have found a property that I like for my new primary residence and I am trying to see if the seller is open to a longer duration close where I rent from the seller for 90-120 days to allow enough time for the investment properties to get leased.I am also considering asking if they would be willing to explore a seller-financed option but I don't know how to structure that so that a regular seller might find that more attractive than a regular closing.
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11 June 2024 | 0 replies
Also, an NDA should not seek to prevent a disclosure demanded by law, for example, an NDA to prevent a person from reporting a crime which the person is legally obligated to report will not be enforceable.The scope, duration and restrictions in the NDA must be reasonable.
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8 June 2024 | 6 replies
It's an area I don't actively recommend STR as it does have usage limitations (duration restrictions between guests) but it's primarily a second home getaway and will transition to full time vacation rental down the line.
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7 June 2024 | 10 replies
Some people make pure financial decisions, but it's rare that continues in full force for the duration of your entire life.
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6 June 2024 | 0 replies
Basically an informal audit of ones portfolio.This could be as simple as creating a few benchmarks (specific ratio of expenses, total PM fee ratios, vacancy rates and duration,etc)As much as one could assume they have a well oiled portfolio, an outside investor could find areas of improvement.
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11 June 2024 | 116 replies
Duration, long-term, is usually where the benefits of investing come in.Everyone admires people that have done something successful that they're trying to do.
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5 June 2024 | 3 replies
High level $200k for a $36k gross return is a low yield..however I think there are a few variables..with 35% down you should be able to get stronger lending terms, if the seller is workable you could entertain a concession towards a rate buy down for lower obligations, possibility to look at shorter duration (ARM) loans if you only intend to own 3-5 years which could also offer a lower rate.
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4 June 2024 | 0 replies
These loans often have interest-only payment options, meaning you only pay the interest for the duration of the loan or a shorter period based on the market conditions.