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.
16 June 2021 | 1 reply
The transition to Apartments.com has been nothing short of a nightmare.

7 June 2021 | 23 replies
-Another option is to transition your purchases into an LLC (if you haven't already), and get commercial loans from the "private banking" lenders.

6 June 2021 | 36 replies
People either want to keep their comfortable lifestyle, are in a transition phase, or just simply don't take action.

1 June 2021 | 8 replies
@Michael MetzHere’s hoping for a smooth transition!

1 June 2021 | 1 reply
TURO.com has been a great way to rent out my extra vehicle (but you could use this for your primary vehicle as well if you had another mode of transportation such as public transit, Bike etc.).

7 June 2021 | 24 replies
When I transitioned to FHA it was rejected due to the zoning.
1 June 2021 | 5 replies
When it's complete later this year/early next, my plan was to move into the new home and rent my current home, thinking this would be a good transition into being a landlord.

2 June 2021 | 2 replies
Should I get my own broker's license and work independently, or transition out of a sales position completely?

12 June 2021 | 13 replies
I feel like this was a big gamble for the OP because if other STR landlords are irresponsible, the association could stop STRs- but he should be fine if he has to transition to long term and rent a room at the hotel when he’s in town.