Michael Calderaro
Important paragraphs to look for in a laundry lease
16 February 2024 | 1 reply
Here's a quick "laundry list" of lease paragraphs...this is not all inclusive as each lease may be modified and negotiated by both counter parties....but it should suffice to kick start a discussion....Firstly, Keep in mind that the laundry vendors have written the leases they prefer to use and generally it's written to their benefit but if you read the leases carefully you'll find there are areas that are negotiable and non negotiable.
Brandon Blevins
Property Manager Help
15 February 2024 | 2 replies
This isn't inclusive but should give you a good start.
Matthew Masoud
Getting out of Mid-Term Rentals
15 February 2024 | 23 replies
The numbers still work great as a long term rental but ever since I ran the numbers comparing the two I realized it's not as profitable as it looks on paper.For context, im in a small tertiary market (Dayton, OH) and most of my apartments are 1 bed / 1 bath with some 2 beds.Is that $300 differential inclusive of taking in account the probable higher vacancy rate of MTR? Ā
Bernard Gowen
Rental management contract breach
14 February 2024 | 4 replies
This isn't inclusive but should give you a good start.
Beth Johnson
A few reminders for DIY private money lenders
12 February 2024 | 2 replies
It's your responsibility to vet out the numbers yourself, stress test it, and ensure the numbers are accurate, realistic, and inclusive of all costs associated with the project.š Lack of due diligence: Seek multiple opinions and legal reviews to fully understand the investment, your legal protections, and how to safeguard your capital.
KC Frank
Interested in Quintana Roo Short Term Rentals - All Inclusive Options?
6 February 2024 | 6 replies
IĀ understand that there are condo/apartment opportunities but am more curious about the larger all-inclusive resorts.Anything else we should be thinking about when investing in that region?
Harold Cherrix
Has anyone used Wealthability CPA Services
6 February 2024 | 6 replies
This severely subpar customer service, lack of timely correspondence and initiative from Alan Kirkham should be unacceptable for a company that claims to be top notch and superior to all other CPA / tax advising firms and charges clients a ridiculous $25k fee for their 'all-inclusive services'.
Florence Sullivan
WealthAbility Team as tax strategist - Worth It?
6 February 2024 | 7 replies
This severely subpar customer service, lack of timely correspondence and initiative from Alan Kirkham should be unacceptable for a company that claims to be top notch and superior to all other CPA / tax advising firms and charges clients a ridiculous $25k fee for their 'all-inclusive services'.
Ted Daniels
Flipster software a fraud or legit?
6 February 2024 | 63 replies
I tried it for 10 days and found thatĀ $297 monthly is not inclusive of everything you need.Ā
Artur A.
Need guidance: Property manager transparency & high expenses on old property (1910)
5 February 2024 | 7 replies
i know a lot of old school PMs just have never done things in the way that many do now, with software like appfolio and such. if i know and trust them, and they're amazing otherwise, and there aren't any concerning numbers on my properties, and i know other investors who use them and have great experiences, i wouldn't worry but would ask that we meet in the middle with expectations on this. but if that is NOT the case, i'd probably worry. i don't think it's unusual for repairs to be 30% of the gross rents one year, especially if it's your first year owning it and the previous owner didn't really take good care of it, but if that's the avg over multiple years of ownership it doesn't really sound normal. however, is that 30% inclusive of ALL operating costs?