
23 June 2024 | 3 replies
The 8 mos isn’t quite long enough to utilize just the STR income to qualify but many lenders allow AirDnA projections to be utilized as the income to qualify.

24 June 2024 | 5 replies
In our previous example of $4k net monthly income the disbursement would be as follows: $4,000 Net income$1388 principal loan repayment to majority partner $1305 (50% of $2612) to majority partner$652 (25% of $1305) to each minority partnerAs your parents, they might not require or care about the same rate of return, or a return at all (except the equity position) especially if they're planning on utilizing the property for personal time.

23 June 2024 | 67 replies
If for some reason I can't get a utility turned on, I assume that the utility itself inside the house is faulty and will need repair/replacement and adjust my offer accordingly.

25 June 2024 | 15 replies
One of which you mentioned, PM Fees, but it will also have other expenses such as repairs, improvements, utilities, etc.Therefore, your cash-flow will be several percentage points in the negative.Should you invest?

23 June 2024 | 2 replies
Don't do it, unless you will really utilize the amenities on a monthly basis.

23 June 2024 | 2 replies
You can do a ‘cash out’ refinance on the rental home as a permanent fixed 20-25-30 year loan to pay off the Heloc on the primary and most likely the equity line on the primary permits a ‘re-draw’ to utilize again.

24 June 2024 | 20 replies
Changing billing on utilities, etc?

23 June 2024 | 14 replies
What are some costs associated with hooking up utilities and electrical to our modular and what should we be searching to get an idea of cost?

22 June 2024 | 13 replies
Does the utility provider throw in perks when they raise their prices?

22 June 2024 | 10 replies
@Nam PhamContracts: Have a detailed contract outlining the scope of work, deadlines, payment schedules, and materials to be used.Updates: Establish a schedule for regular updates, such as weekly calls or video conferences, to discuss progress and any issues.Project Management: Utilize project management tools like Trello, Asana, to track progress, manage tasks, and store documents.Documentation: Request regular photo and video updates.