25 September 2024 | 8 replies
If your fee is significantly higher, it might be worth having a conversation with your new cleaner about their rates.Consider adding the extra cleaning cost to the cleaning fee or at least a portion of it, then monitor how it impacts your bookings.

25 September 2024 | 14 replies
I do that by upgrading the property, making it a more desirable place, which often allows me to get higher rents too.

25 September 2024 | 6 replies
Even if the rates went up, you should only have to pay the higher rate for the portion of the year that it is at that rate.A google search shows there is a calculator.

27 September 2024 | 14 replies
Some months it will be higher, some months lower, but if you did your calculations right, it should at least be close.Beware though, some states don’t allow estimated utilities.

25 September 2024 | 5 replies
This often means lower LTV, higher interest rate, and shorter terms.

25 September 2024 | 10 replies
I think the market value is higher than my tax assessed value so that might not help me.

24 September 2024 | 15 replies
That means 20% of the loan to the lesser valued houses (3) and 40% to the higher priced home (1) for a total of 100%.When you sell one of the houses, you typically have to pay 110 to 120% of the allocation loan percentage based on current principal.

24 September 2024 | 3 replies
If we DO find nonrecourse loans, I assume the interest rates are higher (how much higher should we expect)?

24 September 2024 | 6 replies
The fix-up/lease-up process raises the NOI and ultimately forces a higher property value, leading to a cash-out refi within the 5-year term.

24 September 2024 | 2 replies
When looking for an investment in the Poconos area, I know it's best to look for higher bedroom count to encourage larger groups that can split a higher per night cost.