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7 February 2025 | 6 replies
In addition to just posting your property on furnished finder, they were reaching out and building connections with hospital HR departments and recruiters to help place nurses in properties.
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26 January 2025 | 2 replies
Additionally, the contract with the wholesaler is set to expire on Monday the 27th.
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2 February 2025 | 10 replies
This sounds risky, are you being compensated by additional rent and have you checked with your insurance to ensure you are covered.
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13 February 2025 | 24 replies
Your best option may be to increase the rent to cover the additional expense.
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24 January 2025 | 10 replies
I've also leveraged their webhooks to automate additional things on my end like setting the thermostat to the appropriate temperature an hour before the guest check-in and turning it off after they check out.
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3 February 2025 | 1 reply
Sounds like you put in a ton of work to maximize the value, and that basement addition was a smart move.I noticed you mentioned the NYC luxury tax and some of the rental pricing challenges—have you considered expanding your portfolio in markets where you don’t have to deal with those kinds of headaches?
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26 January 2025 | 6 replies
In addition to that, the septic tank is undersized for the size of the home.
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11 February 2025 | 4 replies
In addition to taking 6-9 months to close, they are also subject to (i) annual audits, (ii) annual REAC property inspections, (iii) recurring annual MIP payments on top of your interest rate, (iv) large initial deposits to the replacement reserve, (v) commercial space limitations to 15-20% EGI / 25% NRA, and (vi) less forgiving underwriting with 7.00% minimum vacancy rates when determining our underwritten NOI.
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27 January 2025 | 15 replies
It was held by the previous owner for a very long time, so I wouldn't be surprised if some basic facts about the house are incorrect.I was making an offer on a house a couple years ago and discovered that the owner was paying taxes on an additional house that was on the neighbors lot and didn't know it!
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27 January 2025 | 3 replies
We’re fortunate to have an above-average income and live well below our means.This summer, we’ll be moving to Detroit (PCSing in August), and we’ve saved about $120,000 to invest in addition to having funds set aside for the home we’ll purchase in Detroit.The reason I’m posting is that I’m struggling to decide how to best allocate the $120k.