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8 January 2025 | 3 replies
Take the dang carpet out (it's thin - you can use a razor blade to remove it).Best.
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2 January 2025 | 13 replies
I love going out to try new drinks and try new food.
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31 December 2024 | 13 replies
Just food for thought- It's not always in your best interest to provide all of the materials, negotiate too hard, refuse to pay a deposit, etc.
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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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25 January 2025 | 25 replies
The times we’re re investing in just require a more creative and strategic approach than before.Disclaimer: My original post was removed by the moderation team.
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27 December 2024 | 0 replies
I'm sure y'all already knew that!
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18 January 2025 | 11 replies
The latest example, we had a set out (Sheriff watches over as old tenant's stuff is removed from the property) on Dec 13th.
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21 January 2025 | 35 replies
Remove caulk depending on condition could take 1/2 hour.
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10 January 2025 | 8 replies
You would have to go after the one individual for non-payment and you could only remove the other three by going through the legal process like you would for someone on a verbal agreement, which puts you in a he-said, she-said situation.
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1 January 2025 | 6 replies
I would also send the tenant information about food pantries etc in the area.