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7 January 2025 | 24 replies
All of my day-to-day expenses and the bulk of the revenue flow through the main account.
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8 January 2025 | 15 replies
Work out a fair revenue-sharing model, such as a flat lease or percentage of profits, and consider hiring a property manager for oversight.This post does not create a CPA-Client relationship.
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8 January 2025 | 11 replies
If you don't mind a little more management, renting by the room and midterm can bring in a lot more revenue than renting just the basement or other unit if you get a duplex.
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12 January 2025 | 54 replies
That unit can either be the one the homeowner chooses to live in or it can be one they rent out for revenue or to offset a portion of their housing expenses.
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24 December 2024 | 2 replies
Hello everyone! my business has currently done 1 flip and we are wondering how much we should take from the profit? For all the flippers out there what do your percentages look like. Also are there any accountants tha...
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4 January 2025 | 26 replies
However they are missing out on all the revenue a property can generate.
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1 January 2025 | 26 replies
I'm light on capital so paying a mentor isn't an option, but happy to split revenue (pay as I learn).
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2 January 2025 | 4 replies
Partnering with an experienced motel operator is a smart idea—it can help bridge the operational knowledge gap and mitigate risks.When evaluating motels, focus on metrics like occupancy rates, average daily rate (ADR), and revenue per available room (RevPAR).
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2 January 2025 | 30 replies
Direct bookings results in higher revenue.
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28 December 2024 | 12 replies
That said it is possible that you need to evaluate your stays and decide if it is worth taking shorter stays or sticking to some longer stays to reduce your time commitment and maximize the revenue for time invested.