
5 November 2024 | 52 replies
There has been a lot of turnover in the featured agent program and I agree, the lack of responsiveness to us (the paying customers) and inability to reach an account rep directly, could use some serious improvement.

1 November 2024 | 48 replies
I have bookmarked, and shared this thread with many accountants who don't know much about STRs

1 November 2024 | 34 replies
- Initial paperwork and chasing overworked caseworkers to process it, so tenant can move in- Helping the tenant complete & turn in their required paperwork to start the lease- Annual S8 inspections, which tenants often make difficult to schedule- Dealing with silly maintenance requests because tenant too lazy to change lightbulbs, etc.- Getting tenants to agree to rent increases and turning in all the required paperwork to caseworker, then, you guessed it, chasing them to process it- Dealing with the tenant's "entitlement attitude" that they don't have to follow the terms of the lease, so they move in other individuals and/or get pets without permission.So, a good PMC will charge something more to manage a S8 tenant/property - either a higher percentage or a one-time or annual fee.

30 October 2024 | 5 replies
The other thing I use for savings is my cash position in my taxable brokerage account which right now is getting 4.5% interest.

31 October 2024 | 12 replies
Hi Kyle,Given your plan to acquire 19 rental units over 10 years, here’s a realistic projection:For cash flow, assuming each unit rents for about $1,200 to $1,500/month and generates $300-$400 in net cash flow after expenses, you could see $68,000 to $91,000 annually from 19 units.Appreciation typically runs at 3-5% per year.

31 October 2024 | 2 replies
Hi allI recently signed up for Stessa Pro and having difficulty getting the properties and accounts set up right.

30 October 2024 | 2 replies
Even though I have a great corporate sales job with a W2 income over $200k annually, I've always known I didn’t want to rely on that income forever.

31 October 2024 | 5 replies
---DSRC loans avoid this issue.4) Can't represent your LLC in court---You'll need to hire an attorney for evictions, Security deposit disputes, etc.If you need a business bank account, you can open one with a DBA, which you can get at the county.

30 October 2024 | 1 reply
This is usually the financials they use from their Accounting system and not concrete numbers but allows you to see how they are doing.

28 October 2024 | 2 replies
You can get creative.......you can offer them interest only payment quarterly, annually, semi annually until you can refi them out with long term debt....