Andrew Tinnon
House Flipping Without a Contractor
15 August 2024 | 18 replies
I understand the arrangement is certainly different, but from a practical standpoint it isn't much different than a licensed GC staffing a team of laborers, who are actually doing all the work, and the GC checking in on quality of work.
Forest Wu
List of Syndicators/GPs to AVOID?
14 August 2024 | 134 replies
In this arrangement, similar to the co-sponsor arrangement, if you reach out to the "main GP", you are NOT an investor with them.
Kar Sun
Clauses in a contract
14 August 2024 | 12 replies
In fact its the EASIEST service call I get since I can arrange for the replacement within just a few minutes.
Kevin Carter
Can a RE agent join MLS without joining boards or NAR
12 August 2024 | 19 replies
You can, however, ask a Realtor to just list your property in the MLS for a flat fee and do nothing else, meaning you answer any and all enquiries, show the property, do your own negotiations and make arrangements for the closing with either a title company or a real estate lawyer.
Robert Niessen
Insurance remedies asked after coverage started
9 August 2024 | 1 reply
The list of items will probably cost me $15k and take more than 40 days to arrange given that I have a full time W2.
Katie Hartung
New to STR management for others and seeking your expert input
10 August 2024 | 8 replies
Here is what I proposed:Setup fees : Administration Setup:One Time Fee: $400Guidebook: Using professional photos give the guests a professional tour of the house and how the home works (Wifi passwords // How to use grill // How to use propane fireplace // Hot tub instructions // Sauna instructions //Check in and check out instructions //where extras may be storedOTA (Online Travel Agency) setups: taking professional photos and actively updating your listing on popular platforms;PMS (Property Management System) Setup Smart Pricing Set upWebsite integrationOther (furniture arrangement / design / décor shopping and set up) $50 per hour· Placement fees · Marketing Cost: Variable depending on needs/wants for marketingFacebook AdsGoogle Ads Cleaners: Set up procedures/take pics of expectations· Management fee—30%Guest communicationCleaner communicationSetting Rental rateDealing with small maintenance issuesBooking CoordinationSmart Lock integrationKeeping supplies stocked (TP, paper towel, all cleaning products, coffee, filters, creamer, sugars, teas,)(Receipts would be submitted on a monthly basis for either reimbursement or book keeping purposes)Encouraging guests to leave good reviews by periodically checking in, providing a review template, and ensuring guests receive the amenities they are looking forContinued marketingMajor Maintenance fees—OwnerCleaning and laundry services fees: Cleaning fee to the guest depending on how cleaner wants to charge
Andrew Postell
How To: Cash out 1-4 unit Property
20 August 2024 | 452 replies
@Lenn Lin, I'm not a CPA, an not qualified to comment on the accounting aspect of this arrangement.
Brandon Turner
Do YOU listen to the BP Podcast? Then PLEASE help us out!
11 August 2024 | 99 replies
@Brandon Turner I really enjoy the website but i have a question:I understand that you might have business arrangement with I tunes/Apple but it would be possible for you guys to "diversify"?
Joan Liu
should I rent my house to someone who wants to use it for cooperate housing
7 August 2024 | 2 replies
Please share pros and cons with this arrangement.