Elizabeth Rose
Underwriting a PadSplit deal - assumptions and operating expenses
4 December 2024 | 9 replies
Hey Elizabeth - I'd factor in about $10k to get a padsplit up and running when it comes to furnishing which would include washer / dryer, additional fridge, bedding/desks, common area furnishings if you want to offer a little better experience.I'm only familiar with ATL - I think accounting for 1 move in / 1 move out per month is a good conservative assumption here.$8kish / year or so on routine and reactive maintenance combined which should include your cleanings, lawn care, maintenance calls ect. 12% per month of gross rents should be a good estimate if you want to look at it like that!
Jonah Gunalda
ER doctor hoping to diversify in passive real estate!
10 December 2024 | 25 replies
That's a red flag for me.d) death by Google: I Google everything I can about the sponsor.
Sumit B.
What areas are better to invest in STR - vacation rental
5 December 2024 | 13 replies
They've also enacted a bed tax specifically targeting short term rentals.
Rene Hosman
If you had one question for a professional house flipper, what would it be??
4 December 2024 | 25 replies
If not then we go with a really clean look of fresh beds, and grass that will really pop out.
Gerald Wallace
Investing for equity
1 December 2024 | 3 replies
There is a 4 bed room 2 bath home that I am looking at purchasing.
Michael Baum
Mike's Deal of the Day - Walmart Cyber Deals
2 December 2024 | 2 replies
.$20-27 - Seartapedic Pillow Top Mattress Topper - https://www.walmart.com/ip/Sertapedic-Pillow-Top-Mattress-To...We have the Black edition from Costco on the beds at our lake house.
AJ Satcher
Not Getting Airbnb Bookings After Having Calendar Blocked For Several Months
3 December 2024 | 9 replies
This is for my 1 bed 1 bath unit and for the past 6-7 months, I had it blocked off on Airbnb because I had a mid term tenant in there.
Gabe Goudreau
Estimating Expenses on SFH BRRR Deals
3 December 2024 | 6 replies
I'm more used to underwriting MF deals and extrapolating existing T12 data, so this is a bit different for me.All the properties are 3 beds, ranging from 1000 to 1400 sqft.
John Underwood
Why an LLC may not protect you from a Lawsuit
19 December 2024 | 50 replies
These trusts should not be confused with living trusts which purpose is to transfer assets upon death without going through probate.
Emily And Eric Erickson
STR Areas of Interest in Tucson AZ
7 December 2024 | 25 replies
But it seems like the current house prices (3+ beds, 2+ baths with a pool) doesn't seem to incur a good cash flow.