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8 January 2025 | 14 replies
This allows them to get more capital so they can make more loans without having to grow their asset base, while also maintaining their relationship with the customer through monthly payments.
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1 January 2025 | 7 replies
I have three listings, 1. unit with a pool and hot tub, 2. unit with a hot tub, 3. both units together as a 12 sleeper.Gross monthly income (after booking channel fees) for the first unit over a 7 month period was $7309.Gross monthly income for both units over a 14 month period is $11,297 (after booking channel fees) As a long term rental the combined rent would be in the region of $5500.Is it possible to sell the property based on the income generated by the STR business or would the value always be based on bricks and mortar comps?
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4 January 2025 | 0 replies
Join us for our FIRST official launch event for Charlotte NC on January 9.This is a 12 part education series with new topics every month.
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4 January 2025 | 11 replies
However, just to set expectations, they most likely won’t make any changes unless there’s a clear error in the valuation.That said, since the $1,000 increase works out to about $83 per month, I’d suggest checking what the market rents are in your area.
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2 January 2025 | 13 replies
Beyond the Monthly Management, Placement & Maintenance fees, all other fees in our contract are IF EVENT -> THEN fees.
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31 December 2024 | 49 replies
Instead of $500 off the first months rent, have you considered lowering the rent by $40 dollars per month?
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2 January 2025 | 18 replies
The husband had a good paying job that had a slow season where he would collect unemployment a few months per year.
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6 January 2025 | 7 replies
That's because the city won't calculate the actual amount till a structure is built, aka it's not just a plot of land anymore.This will obvious cause your property tax bill to go up and also your mortgage escrow account as well (sometimes these things can make your mortgage shoot up a few hundred a month).
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1 January 2025 | 32 replies
Only thing is it won't be easy to track especially if you have a 10 unit and all the rents are all $450 a month.