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16 December 2024 | 35 replies
but generally - new accounting and property tracking softwares fall short in one of two places: 1) they don't actually generate financial statements that a CPA or Lender will approve, or 2) They can, but the learning curve is so steep or convoluted it's impossible for you to get help if/when you need it (I imagine this is why this thread is a little slow right now)Have you asked your accountant what they think will work best?
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12 December 2024 | 4 replies
I think there is so much value in having a supportive network, so I'm looking to set up a monthly lunch for us to exchange ideas, tips, and encouragement.
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18 December 2024 | 6 replies
I'm not saying this is necessarily the right answer, but I did not really put anything in my lease as far as guidelines for sharing responsibilities of common areas.
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27 December 2024 | 34 replies
I do not know him, but the path he is leading you is a difficult path Note difficult does not imply impossible; there are people who are successful with S8 housing In my area s8 is so undesirable that they write laws trying to make it challenging to not allow S8 tenants.
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17 December 2024 | 29 replies
We provide a fridge and a stove and also supply washer/dryer hookups but not the washer and dryer itself.As far as dishwashers go we only supply them in the better neighborhoods we have properties in where we feel the tenants have more of a likelihood to use them responsibly.
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14 December 2024 | 4 replies
This will give you an idea of traveler's budgets and what's in demand in your area.As far as design and photo recs, connect with those in your market to get referrals from other MTR (and STR) operators.
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15 December 2024 | 25 replies
As far as I know, I don't think software like Stessa or Baselane can really track anything related to multiple owners/partners.
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16 December 2024 | 3 replies
As far as how much you pull out it depends on terms.
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22 December 2024 | 23 replies
As far as refinancing, you can either do a conventional loan where they use your debt to income / DTI to qualify or you can use a DSCR loan which structures the loan off of the rent versus income ratio.More info on DSCR loans: DSCR loans won't use your income to underwrite the loan.
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14 December 2024 | 0 replies
As a wholesaler, hopefully hearing from some of you with experience with these sites, what are the advantages or disadvantages of each of these sites respectively... as far as which search criteria to use on each platform?