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26 December 2024 | 9 replies
I own a group of franchise hair salons.
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14 January 2025 | 19 replies
Leases are signed electronically (esign.com), and I set them up with RentRedi for deposit, cleaning fee, and rent payments.
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28 December 2024 | 12 replies
I would consider getting out of property management and getting into cleaning IF you think they are doing better than you .
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5 January 2025 | 4 replies
Best way to find end buyers is to ensure it's well marketed - Professional photos, professional clean prior to listing, aggressive list pricing.
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31 January 2025 | 121 replies
All our data was well-organized and cleanly presented (no dropping off boxes of unorganized documents in their lap).
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14 January 2025 | 18 replies
The land is being sold as the investment is costly with all the illegal dumping and clean-up cost.
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16 January 2025 | 23 replies
Balloons are not allowed to owner occupants, but you can raise the interest rate at 5 years.You should be able to at least get out clean in Austin.
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11 January 2025 | 11 replies
Here are the numbers:IncomeTotalPartner ContributionsManaging Partners Debt$0.00Partners Deposits$987,459.99Total Contributions$987,459.99Operating IncomeAirbnb Income$50,186.50Square Income (Vehicles or add-ons)$6,741.04Total Operating Income$56,927.54Total Income$1,044,387.53ExpensesPurchase of propertyCost of House-680,000.00Closing Costs-$26,744.44Total Cost of Purchase-706,744.44Set Up ExpensesHouse Improvements & Care taker home addition-116017.03Adding Tiny House-52130.83Furnishings-68403.65Vehicles-43150Set Up Costs and Advertising-2339.53Total Cost of Set Up-282,041.04Operating expensesCare Takers-14535.9Additional Cleaners-1505Cleaning Supplies-2670House Supplies-1340Landscaping-4230.66Utilities (Power & Water)-8204Internet-315Pest control/fumigacion -120Pool cleaning/maintenance-2220Vehicle Gas-552.3Vehicle Maintenance and Repairs-6625.01Welcome Food for Guests-115Property Repairs-4999.64Bank Fees-1208.06Accounting Fees-1085Insurance-955.74Other Expenses-1071.2Total Operating Costs -$51,752.51Total Expenses-$1,040,537.99Net Income$3,849.54Net Operating Income$5,175.03Now 5k for an investment of 970k is not a good investment.
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11 January 2025 | 15 replies
For a good tenant that has paid on time and was keeping the place in good clean condition I probably would have just eaten the charge.
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15 January 2025 | 13 replies
Warm-up: FAQs that are often answered wrongQ1: I pay less than $600 for my AirBnB cleaning.