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20 October 2023 | 10 replies
Personally, I've found those indie-owned/managed hosts are far more likely to take private feedback to heart and improve their property versus those hosts you click on their headshot and get Glamour Shot of a couple and their golden retriever... alongside a list of 30 rentals they've outsourced to automation and equivalently manage in a way that, in the LTR space, we would simply call slumlords.
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4 January 2019 | 19 replies
This usually means giving the tenant a 5 day notice to pay or quit (or your local equivalent) the day rent is late.
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15 October 2023 | 43 replies
And that was about 7%. https://www.frbsf.org/wp-conte...Note this didn't take into account the tax benefits of real estate which are usually much better then the stock market (and would thus make equivalent returns tilt toward real estate).But that also doesn't make real-estate "better".
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5 September 2014 | 245 replies
Forcing equity through a remodel provided a nice bit of padding.We are selling the house for the equivalent of 640k.
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7 November 2023 | 19 replies
AirDNA is terrific for STR but a true translation to MTR and equivalent data source I don't think is available yet.
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10 November 2023 | 4 replies
Many investors use a general rule of thumb for midterm rentals that they should earn about 50% more in rents than an equivalent long-term rental (whereas short-term rentals should earn double or 100% more than if the property was utilized as a long-term rental).However, for DSCR lenders, change can be slow and challenging, and many lenders prefer and require more precise qualification measures than rules of thumb.
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29 September 2014 | 9 replies
Serve a "notice to comply" (or whatever the equivalent is in your state) for each violation.7.
27 July 2023 | 6 replies
If a tenant is evicted, is that the equivalent of getting a judgment in order to pursue them in collections?
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8 October 2023 | 18 replies
And thanks to some favorable clarifications from the IRS, cost segregations are going to be much easier to include and defer recapture from in a 1031.Non real estate "property" that have been set aside for accelerated depreciation may be included in a 1031 exchange as long as there is an equivalent amount of the same "thing" in the replacement property.
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9 October 2023 | 14 replies
But they have still been blessed by the IRS to be the equivalent of direct ownership for purposes of 1031.