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28 January 2025 | 3 replies
The math behind Real Estate is not that complicated, Revenue - expenses and debt service = cash flow.
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4 February 2025 | 12 replies
The general rule of thumb when using debt is to ensure that whatever asset you buy with the debt should make more than the debt service.
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23 January 2025 | 16 replies
If you have questions about anything to do with PPR, just call them, they've always had great customer service with me.
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19 January 2025 | 2 replies
Line Item Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $500 Business Hour Service Calls $80/hour + Materials Cost + Tax After Hour Service Calls $110/hour + Materials Cost + Tax HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Vendor Cost + 10% Oversight Fee
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7 February 2025 | 22 replies
I would suggest a good PM to start if you don't have a solid background in hospitality or at least something in the service industry.Self-managing can save a ton of money if you know what you are doing.
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29 January 2025 | 6 replies
Tax shelter schemes, partnerships with foreign partners and accounts, partnerships with hundreds of members, returns with blatant mistakes, entities in questionable businesses, like gambling, drugs, online video sales, escort services.
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19 January 2025 | 51 replies
There is only a $3 difference increase to move to RentRedi, but the customer service is amazing.
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27 January 2025 | 1 reply
The letter also states the total non-rent items currently owed by the tenant, such as accumulated late fees or repair charges.Also very important, the tenant states they have no unresolved issues with their current landlord, except as listed in a space provided, and they have no current plans to cancel their lease under the Service Members Civil Relief Act or for any other reason.
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21 January 2025 | 1 reply
@Suzy FarmanHere’s what’s worked for me:Leverage Airbnb/VRBO: Many insurance companies use these platforms via third-party services.
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30 January 2025 | 7 replies
On the other hand, I’m hesitant to simply pay down more of a property, as we don’t need the immediate cash flow.Fortunately, both my wife’s job and mine are recession-proof, which allows us to be a bit more aggressive with our investments.I’d really appreciate advice from investors who have experience with frequent moves or military service.