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16 January 2025 | 7 replies
@David R Pustelnik recommend you first focus on raising the rent for the first time in 10 years.By the way, how much have your property taxes and home insurance gone up since this tenant moved in?
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19 January 2025 | 6 replies
I always bill back water/sewer/trash before raising rents.
8 January 2025 | 10 replies
At the moment with 3 rentals (6 total units), I have one account and a credit card associated with it.
22 January 2025 | 14 replies
.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.
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4 February 2025 | 4 replies
Some special assessments are already board-approved for 2025 and 2026 to help raise capital for such items, however I know when the time comes there will be a loan which likely demands a higher monthly payment for owners -- reducing my cashflow. - Based on sale of other units in the complex, I believe my current equity to be roughly $160,000, a little more than 50% equity. - The condo is currently leased through April 30, 2025. - August 2025 will be 3 years since I moved out.
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28 January 2025 | 10 replies
Take advantage of their boost feature to raise visibility in exchange for discounting new guests.4.
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26 January 2025 | 5 replies
One rental(two units) just finishing renovations and spent 15-20k of my own money so saving will be easier soon instead of loading my credit card then paying it all off every month.
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16 January 2025 | 3 replies
I’ve worked across various sectors of real estate, from residential to commercial properties, and I’ve built a solid foundation in sourcing, evaluating, and negotiating deals.Currently, I am leading R&H Capital, a division of my LLC, Property Pulse LLC, which focuses on raising capital for real estate acquisitions.
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14 January 2025 | 37 replies
To refinance at 70% LTV (new value) you’d need a capital call of around 30-35% of the original equity raise.
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23 January 2025 | 6 replies
Unless you want to continue having negative cashflow, you pretty much have to raise rents.