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12 February 2025 | 16 replies
Most successful STR owners I work with in the Pocono's/Lake Wallenpaupack PA utilize only someone to clean, and a few local handymen.
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23 January 2025 | 2 replies
Climate refuge is a genuine priority for many and a reasonably distanced retreat or refuge has perhaps never been more valuable?
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10 February 2025 | 10 replies
These are professionals with additional training and a stricter code of ethics.
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26 January 2025 | 2 replies
However, with high rates, the next mortgage would be very expensive, and a vacancy would be intensely expensive with two mortgages.
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30 January 2025 | 4 replies
I do / done many rent to own (contract for deed) and a few seller finananced deals where I keep the note.Why not in parallel use a flat fee listing on MLS too? Â
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21 January 2025 | 2 replies
I financed this property using down payment funds from 403B and a local commercial bank. 15% down from personal funds. 85% down from community commercial bank. 3yr balloon, 20yr amortization, 7% interest rate.
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30 January 2025 | 6 replies
I think this is a calculation a lot of homeowners are making right now--especially if they have a low interest mortgage, equity, and their house will cashflow as a rental.The choice is a personal one of course, but I think your future self will thank you if you pull out some equity from your existing home with a HELOC for the downpayment on the next house and a cushion renting your current home, use a property manager as you have other things to do, and buy the next house and do the same thing again.
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30 January 2025 | 8 replies
Which essentially puts some standards in place and a good guideline for handling all things in the company. ie. company mission, telephone standards, tenant screening process, etc.Â
29 January 2025 | 20 replies
They failed to rent a unit in a great location/condition and a hot market for 4 months, and the rehab expense reports don't line up with the estimates they provided.
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5 February 2025 | 54 replies
And a pro forma vs. end of year actuals are very, very different.