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1 February 2025 | 56 replies
If they don't have provable reserves, we don't send them the Subject To.
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10 January 2025 | 9 replies
With your background in lease management and site selection, that could be a natural next step.Regarding STRs, I can understand the hesitation—accurate expense tracking is critical, and not having that data can make evaluating deals frustrating.
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12 January 2025 | 8 replies
You also want to see a reserve study and only invest in a property where the HOA is at least 30% funded, less than that is assessment territory.
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20 January 2025 | 8 replies
., desks and Wi-Fi for professionals, cribs and baby gates for families).Evaluate Your Own SpaceYour property’s layout, amenities, and location may naturally cater to a specific audience.A cozy 1-bedroom apartment downtown might be ideal for professionals or couples.A 3-bedroom house with a yard might appeal more to families.Proximity to nightlife might cater to party groups.Experiment and AdjustIf you're unsure, start broad and monitor who books your property.
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24 January 2025 | 9 replies
@David F.As Russell mentioned co-ops are probably 1/2 the price of a condo and you would also have extensive costs to set up a co-op and typically it’s my understanding the builder funds the first 1-2 years of reserves.
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23 January 2025 | 10 replies
That way, you keep more in reserves and have more to put towards your next house hack.
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9 January 2025 | 18 replies
Quote from @Michell Chase Chase: I registered my LLC in Wyoming and was not told anything to that nature..but my investment property is in NY so I also have to register my WY LLC as a foreign entity LLC in NY as I will be generating income in that state...
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19 January 2025 | 56 replies
So when we did not receive any response to our emails for several days, this naturally triggers concerns and emotions.
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12 January 2025 | 2 replies
If you were limited in cash reserves atleast you'll have the HELOC as a 2nd or 3rd back up source of funds to weather storms.
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6 January 2025 | 2 replies
Due to the nature of the shorter lease terms, I am spending an excessive amount of time updating my Excel spreadsheet, MLS, business website, Airbnb, VRBO, and other platforms.