Lauren Cook
Partnership split advice needed
29 December 2020 | 8 replies
I will be finding the property, getting it rent ready, screening tenants, leases, dealing with tenant correspondence, repairs, and coordinating everything needed to be successful.
Kesha Hamilton
Owner Finance Income vs Rental Income
17 December 2023 | 4 replies
What are some systems you have in place for payment collection, correspondence, admin, etc?
Joseph Crunkilton
Why did my gas bill go up 100-200%?
16 December 2023 | 13 replies
That's a huge huge uptick in cash flow.With no corresponding uptick in manufacturing costs.Like of Popsicles sales immediately went 1000% more sales units per day, the Popsicle company would reap the profits.I wonder where these HUGE profits go?
William Davidson
Setting Up Legal Entites
29 September 2020 | 6 replies
Perhaps, AZ in case you leave CA and sell the corresponding property so you could potentially get rid of the CA filing fee.Or....
Mikey Bentivegna
Buying first investment property
21 November 2023 | 22 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenants: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.
Joe Provateare
STR property mgmt charge
11 October 2022 | 4 replies
For example, increase the nightly rate based on high demand times that may not correspond with obvious high demand dates like holidays (e.g. festivals or events I’m that area that draw large crowds to that region).Ask specifically what their plan is to rent it out, what kind of occupancy you can expect, what amenities they recommend or require and what you can expect to make in gross proceeds.
Mandy Groom
Land Financing Options for possible Glamping / Multiple Tiny Home location
22 September 2023 | 19 replies
Hello Mandy, I am located in Clearwater as well.
Sangam Baligar
Struggling to hit my goal of one-rental Investment a Year-- Need Ideas and Inputs
4 January 2024 | 6 replies
Hey SangamAll great questions, I'll take a stab at a few just for fun, with the numbers below corresponding to your questions above.1.
Jordan Jensen
First Home Purchase in 2024...Duplex or SFH??
4 January 2024 | 10 replies
Furthermore, they have stable incomes, ensuring that rent collection is consistent and reliable.Adapting to Market Needs: Given the increasing demand for healthcare services and the corresponding need for traveling nurses, properties that cater to this demographic are likely to remain in high demand.
Meredith White
Closed on home repairs weren’t done
8 January 2024 | 4 replies
I then contacted the sellers real estate agent and she was cooperative until the point that I asked for the correspondence between her and the contractor that they used.