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20 July 2024 | 15 replies
If you want to gather emails and do some email marketing, there's a new company that many hosts have been pretty happy with....Go STR MarketingI will check into this company. i don't think this will be a substitute for StayFI as you still need a better method of capturing data beyond just the contact date you get from your PMS.
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21 July 2024 | 35 replies
Not sure if this is the most recent post on land flipping, but I came across another ed platform - The Land Method and Land Riches Blueprint.
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20 July 2024 | 6 replies
Below are a few ideas to think about.Appraisal Concerns: Include a clause in the counteroffer to address any potential gap if the appraisal comes in lower than the offer price.Closing Costs: If the requested $10k seems high, propose a lower amount or adjust the sale price to cover some of these costs.Escrow Deposit: Counter with a higher deposit to ensure buyer commitment.Financing Contingency: Make sure there's a clause that protects you if the buyer’s financing falls through.VA Requirements: Understand and prepare for the specific requirements and inspections associated with VA loans.Professional Advice: Consult with a real estate agent or legal professional for tailored advice.Communication: Maintain open communication with the buyers for a smooth negotiation process.Best of luck with your sale,KC
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19 July 2024 | 4 replies
Hello Brian, when you own a property "subject to" the existing mortgage and are considering reselling it using the same method, there are several important considerations and potential restrictions you need to be aware of.Due-on-Sale Clause:Most mortgages contain a due-on-sale clause, which allows the lender to demand full repayment of the loan if the property is sold or transferred.
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19 July 2024 | 4 replies
She earns points on it, which is the reason she's using Bilt has her rent payment method.
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19 July 2024 | 6 replies
This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.
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19 July 2024 | 6 replies
If you're looking for more sophistication like to move leads through stages, to have built in tools that help you communicate by text/email, bring in team members to own leads, etc.. then more of a CRM may be helpful for you there.
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15 July 2024 | 23 replies
You should just identify your methods.
19 July 2024 | 4 replies
I'm currently looking into the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat) and need some advice on structuring a deal for a house that's in foreclosure.Here's a brief overview of my situation:Property Value: According to Zillow, the house is worth $649,500.Current Loan Amount: $470,000, which is the current market value without any repairs.Funding: I'm looking for a hard money lender to cover 100% of the purchase cost and rehab cost.Tenants: I already have tenants in place.I'm working on getting the exact numbers for the rehab costs, but I would appreciate any advice on how to structure this deal effectively.
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19 July 2024 | 6 replies
Begin by setting up online tools for rent collection, maintenance requests, and communication with tenants.