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12 January 2022 | 11 replies
Every lender can potentially have different terms, whether it’s the distance between your primary home and the vacation property, or the frequency of time you must spend there.
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19 May 2021 | 1 reply
number, frequency, and substantiality of sales [this generally is the most important factor (Suburban Realty Company)]; See (c) below iv.
31 May 2021 | 3 replies
If I multiply Total Turn Cost by the 10 year turn frequency, I get the following:Transient: 10 turns x 3,200 = 32,000 or 3,200/YrPermanent: 2 turns x 2,000 = 4,000 or 400/YrTransitional: 5 turns x 7000 = 35,000 or 3,500/YrBelow I normalized annual turn cost to show how much more annual cash flow the Transient and Transitional segment must generate above the Permanent segment to have the same annual net cash flow.Transient segment: +$2,800 per year more than Permanent.Transitional segment: +$3,100 per year more than Permanent.Based on the above calculations and research concerning cash flow and tenant turn rate from properties that target the three tenant pool segments, I determined that the highest net cash flow (for the same amount of capital invested) is from the Permanent segment.
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29 May 2021 | 0 replies
My concern is more about the frequency of guests staying over as my contract only addresses the time period.
12 June 2021 | 3 replies
As an example, I will focus on the frequency of tenant turns by tenant pool segment.In my research, I've found that tenant stay has a strong correlation with income, as shown below.Comments on the three tenant pool segments:Transient - This tenant pool is primarily low-skilled hourly workers making little more than minimum wage.
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10 July 2021 | 3 replies
Flashy but I am looking for frequency and consistency.
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28 August 2021 | 27 replies
Short term rentals require special insurance and these policies cost more for liability because of the higher frequency of claims.
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1 September 2021 | 4 replies
What frequency and what do you share?
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5 November 2021 | 3 replies
Below are the turn costs for each segment based on the above assumptions.If I multiply Total Vacancy Cost by the 10 year turn frequency, I get the following:Transient: 10 turns x $3,200 = $32,000 or $3,200/YrPermanent: 2 turns x $2,000 = $4,000 or $400/YrTransitional: 5 turns x $7,000 = $35,000 or $3,500/YrAs you can see, to have the same net cash flow from the three different segments, you need to have a far greater return from properties that target Transitional and Transient tenant pools than the Permanent tenant pool.
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4 September 2021 | 3 replies
Situation:As Bigger Pockets continues to grow:There will be a greater disparity and frequency between levels of questions, info requests, how to search for info, usefulness and enjoyment of the BP site, etc which will need to be restricted.Countering that, there should be a general hesitancy to restrict forum activity both from a financial standpoint, advertising standpoint, etc.