Joshua Carvalho
The Rise of Waco, TX as a Prime Market for REI
18 November 2024 | 17 replies
The only tech company based here that I know of is Neighborly, which has several hundred employees.
Leslie Daniely
First Property As A MTR-Quadplex
17 November 2024 | 16 replies
To that end, I made a Google sheets document with every hospital system in GA along with the following data:CityZip CodeRentometer 2/X (what a 2 BR, any bath) goes for on Rentometer)RentRentometer 3/1+ Rent (what a # BR, 1.5+ bath) goes for on Rentometer)"Minutes to home" (how far a drive it is for us)"Staffed Beds" (measure of how big a hospital is)"Total Discharges" (a different measure of hospital size)"Patient Days" (yet another different measure of hospital size)"Gross Patient Revenue ($000)" (you guessed it, hospital size)Map Searches & Housing Requests (this and everything below was from FF.com stats page)Furnishedfinder.com Page ViewsTotal RoomsPrivate Rooms % UnitsHotels% Whole Place > 2500 %Whole Place > 2k < 2.5k %Whole Place > 1.5k < 2k %Room > 1500 %Room > 1k < 1.5k Page view per roomThis allowed us to narrow our search to hospital systems near us (less than 2 hours) in a less competitive market (higher page views per room advertised on FF.com) with a significant % of units being rented on FF.com at higher rents (more $).
Jared Smith
Should we keep our home as a rental
14 November 2024 | 25 replies
Thanks,JaredI'd only pursue this if there is an big upside for appreciation, or if you planned on keeping the house forever as a rental.Run the numbers, subtract 15% a year for vacancy and on going maintenance and repairs during each year, subtract 15% per year for maintenance and repairs to get it market ready once you decide to sell it.Example if you were to keep it for 5 years and sell at the end of five years:12x$200=$2400 year gross profit15% for vacancy, maintenance, repairs ($-360.00 per year)= $2040 gross profit per year15% set aside to repair, repaint, replace to get ready to sell on market = $1800 $7000-$8000 net for 5 years of rental.Appreciation over the term you would keep it would be the only incentive, and it could be a big reason why to rent it.
Scarlett Tao
Co-signer income requirements
18 November 2024 | 14 replies
We calculate rent plus all debt payments as a percentage of gross monthly income.Our underwriters strive to analyze and balance all the information above to determine the statistical likelihood of a tenant paying their rent on time.ApprovalOnce an applicant is approved, we require a nonrefundable Holding Fee to make sure they are serious and don’t change their minds.
Clinton Bolton
Kris Krohn partnership
14 November 2024 | 24 replies
Seems worth it though, so I'm not running around trying to piece things together an build my own empire of employee and agents, etc.
Mike Jakobczak
The Truth about your E-mail Account
14 November 2024 | 21 replies
I've set this up for some of my employees who prefer gmail.
Jordyn Gegg
Setup Holding/Management Company?
11 November 2024 | 5 replies
The LLCs pay the PM company anywhere from 7-8% of the revenue and the PM company oversees the assets and employees my staff.
Matt Lewis
Water Pipe Leak in Commercial Property- Understanding Who is Liable
11 November 2024 | 3 replies
Both tenants are on modified gross and believe that they are not financially responsible for the repairs needed in their space because it was not their fault.
Chris F.
Advice on Structuring Fees as a New Property Manager
11 November 2024 | 9 replies
@Chris F.It depends on what market you are in, but where I am located in Columbus 8-10% of gross monthly rents is pretty common for a management fee.
Michelle Glover
Lots of offers but appraised low
19 November 2024 | 26 replies
Kind regards,MichelleIt has to do with this issue of GLA (gross living area) and how its calculated and included in the appraisal.