Max Nathan
How do I secure lending on down payment / construction costs
17 December 2024 | 7 replies
We typically estimate standard costs for these items but get them done much cheaper with our own crew.
Jacob Thorpe
Criminals, transients, convicts, burglary, fraud, deception, manipulation, squatting
28 December 2024 | 8 replies
For months, this was what we were following but of course when dealing with me I never make people wait so long and I pay as soon as I am able, as soon as the line item funds drop I usually send a wire or zell payment.
Roland N.
MTR - How to protect furnished rentals?
11 December 2024 | 4 replies
I also like to use incidental insurance as an additional layer such as Waivo to cover items.
Alex Yeater
Wedding Venue Questions
11 December 2024 | 6 replies
Originally posted by @Michele Davidson:@Alex YeaterWe are selling our bed and breakfast business complete and turn key with wedding items.
Shaylynn O'Leary
Advice: New Investor/Small but Mighty Portfolio/ Long Term Game Plan
21 December 2024 | 20 replies
they look like they'll cash flow a few hundred dollars a month but then you have a rough tenant turnover, or a big capex item come up, and boom - your cash flow is gone for 5 or 10 years.here are two really good threads to read.Overleveraging, net worth, cash flow and headache factorBaltimore - a path to never-ending painhappy to help further.
Bridger L Logan
Any success with rent by the room?
15 December 2024 | 59 replies
Utilities will need to be in your name, and you will want to provide strong wireless internet, as well as some sort of basic streaming service like Netflix at a bare minimum for entertainment purposes.
Vivian Yip
Mid Term Rental Knowledge sharing
10 December 2024 | 10 replies
Software: Stessa for accounting, Deal Check for quick and dirty analysis of potential purchasesMarket positioning: Pet-friendly (fenced-yard, accept dogs and cats), well-designed homes, off-street parking, suburban, full cable TV package (not streaming only)Pricing: Targeting upper-middle market (not budget-conscious guests)So far, so good (since 2020)
Andy S.
Tenant Move in and move out inspections
10 December 2024 | 6 replies
I don't think you need to take a picture of each wall, but of each room and each noteworthy item that was damaged is really helpful.
Jason Tucker
CO Living MTR
13 December 2024 | 17 replies
I have also added line items for common area monetering and additional appliances.
Jeff Brogan
Flippers - WWYD - What Would You Do?
11 December 2024 | 6 replies
If you can hold on till first part of January the showings and everything else should pickup.This would be my action items: 1. hire a new agent that can sell the place, and get you numbers are rent and selling and sell the place. 2. be honest on the numbers you can get on an ARV so that you can sell it 3. start to get the conversation started with a couple lenders on what these numbers on refi would look like for you and this property 4. my suggestion would be to refi/rent before selling at a loss because if numbers work you can hold for a couple years then sell, but this is dependent on your cash position and liquidity of your situation.