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20 November 2024 | 31 replies
In the Pace Morby parlance IĀ have come to learn that the gap funding or equity component is called and ET or "Entry Fee"..
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14 November 2024 | 6 replies
One thing I didn't like about FF's calendar was that you can't define a time period that you will rent.Ā
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1 December 2024 | 91 replies
Open-end Funds are generally defined as infinite-life vehicles consisting of multiple investorswho have the ability to enter or exit the fund on a periodic basis, subject to contribution and/or redemption requests, therebyproviding a degree of potential investment liquidity.
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14 November 2024 | 10 replies
This should be defined in the lease agreement as to how it's covered (by the tenant or landlord) and how they're switched over when turnover occurs.2) Not sure if I'm understanding correctly, but any fees paid to the property manager should be separate.Ā
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15 November 2024 | 7 replies
Second, the building code, IRC/IBC, defines a townhouse as zero lot line (zero setback) homes that are on their own separate parcels and share a common wall.
11 November 2024 | 3 replies
Now, each lease will be unique, so you can't apply this across all commercial leases, but commonly, LL is responsible for exterior and structural components, while tenant is reponsible for any interior items.How to best explain this: honestly, I would request the tenants have their own legal counsel review their respective leases. Ā
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11 November 2024 | 2 replies
Either define a set period of time that you will serve as a manager for no cost and then collect xx% of revenue as a management fee before splitting profits.
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13 November 2024 | 12 replies
BNBCalc partners with several data providers for short-term rental revenue estimates (Airdna), comparable properties (Airbtics), long-term rentals, tax information, and property information.Our comparable properties provider airbtics provides "revenue potential" estimates which it defines and calculatesĀ as the following:Revenue Potential is the revenue that the listing could have earned if it was active every day for the past 12 months.Formula:Revenue Potential: = (Revenue / Days available) * 365 Example: ($33,500 / 304)*365 = $40,222You can find more info about their data on their FAQ!
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18 November 2024 | 47 replies
Here is the rule from the IRS regarding length of stay for short term rentals:As defined by Treasury Regulation Sec. 1.469-1T(e)(3)(ii)(A)The average period of customer use is 7 days or lessThe average period of customer use is 30 days or less.
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15 November 2024 | 15 replies
Example: I define what zip codes (or neighborhoods) that I buy in.