Clinton Davis
What's the latest on this BOI?? Go or no go?
3 January 2025 | 13 replies
If people took the five minutes to complete it they would not need to be asking and searching the internet for their answers.
Eric Coats
Running STR #s for Newbie
10 January 2025 | 19 replies
You should have a good idea of every expense you have in your primary home, then add the STR specific: (These are rough estimate numbers, depending on various factors)STR insurance - a special insurance that covers both the property and your liability, could be $2~4k in areas without natural disasters, could be more than $10k in some other areas.cleaning fee - approx. $50 per bedroom, so a 4-bedroom house will cost you about $150~200consumables - bathroom supplies, kitchen supplies, beverage supplies: $20~30 per week, depending on how much you providewear and tear - towels, linen, kitchen utensils, some furniture: $1000~2000 per yearRepairs/replacement for things that guests break or steal: $1000~2000 per yearAlso, if your personal use is less than 14 days a year, the entire property's expense is deductible against STR income, but if you use more than 14 days, then you will have to calculate the proportion of how many days it's rented out vs how many days you or your family uses.
Matt Wan
Getting a mortgage as a non-resident US citizen
23 December 2024 | 15 replies
A quick internet search suggests that foreign national loans can provide up to 75% LTV.
Mike Gi
6 unit 3 story 1 bed 1 bath in Midtown Sacramento
31 December 2024 | 13 replies
I would test one as MTR and maybe one as STR, depending on your market.For those of us who know Sacramento, there's actually quite a lot of information to go on in here.
Tiffy W.
Do you suggest renting PO Box to collect rent?
1 January 2025 | 32 replies
I have used this as well for tenants who don't use the internet and/or don't have a checking account of their own.Otherwise, yes, you could do the PO Box.
Devin James
There's always a reason not to invest... Start today
7 January 2025 | 5 replies
True that. 99% of people will stay on the internet, analyzing deals and doing research but when the time comes to pull the trigger on a deal they'll do absolutely nothing.
Mel Kirchhoff
STR transitioning into furnished LTR options - Advice needed!
6 January 2025 | 9 replies
• Should utilities, internet, or services like snow removal/lawn care be included, or not?
Lauren Giglia
How to find your first syndication deal
5 January 2025 | 2 replies
Lauren Lauren, there are hundreds of syndications (and crowdfunding deals which are essentially the same as syndications but are available on the Internet) available each year.
Lucas Miles
37-Unit - HUD Section8 HAP Multifamily
28 December 2024 | 3 replies
Renegotiating some utility contracts (garbage and removing some on site office paid internet/phone bills) 5.
Jose Quinones
Frontier internet service won't service unit
3 December 2024 | 3 replies
Quote from @Arvand Sabetian: Does your lease state you're providing internet for the tenants?