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5 February 2025 | 5 replies
So your super basic P&L may look like: $30,000 Rents-$3,000 insurance expense -$9,000 interest-$3,000 taxes-$8,000 operating expenses-$14,000 depreciation ----------------$7,000 loss on paper for the year so negative taxable income But remember- $14k of that (depreciation) was something we didn't actually spend money on- so cash in bank at year end would be $7,000.
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30 January 2025 | 1 reply
Quality furnishings, attention to detail, and seamless operations helped set the property apart, maximizing its earning potential.
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4 February 2025 | 24 replies
But, we recognize that the experience you were having, multiple months without revenue and no clear time frame to be fixed, is not a typical experience with our company, and when and where we can help, we will.Our team didn't follow up as we said we would, so you asked us for updates instead of how we plan to operate, which is updating you proactively.
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20 January 2025 | 2 replies
Does anyone represent a wholesale lender or is a broker that knows of a lender who finances commercial (multifamily) properties that operate as AIRBNBs?
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19 January 2025 | 2 replies
During this time, I found myself unemployed and having difficulty finding a new job due to not completing my degree or having formal training beyond high school or military.
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14 January 2025 | 3 replies
And you are saying agents, the ones trained to do real estate are messing up the deal, and not you?
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29 January 2025 | 18 replies
To have a successful STR I HIGHLY recommend listening to this episode of a podcast: https://podcasts.apple.com/us/podcast/on-the-market/id161508...Once you listen to this, and any highly involved STR operator will agree, you will find a lot of the fundamentals are lacking in Kissimmee or you have to have deep pockets to hit those.I won't spoil the episode, but if you listen to it (and anyone out there that does) feel free to DM me afterward and I'd be happy to talk details tailored to your situation on if you're on the right path or maybe I can help.
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31 January 2025 | 9 replies
A car forum that I'm a part of, and I know the owner of the forum, told me that the dedicated app required constant work and updates as phones and operating systems changed.
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27 January 2025 | 4 replies
Most will have large scale marketing engines where they spend thousands or tens of thousands a month, and operate or license time in call centers.