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17 February 2025 | 6 replies
Personally I pay $300 commission to get the new tenant, 8% of rent collected, and $150 for renewals.
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12 February 2025 | 5 replies
Who is personally going to be liable if the guarantees aren't met?
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5 February 2025 | 15 replies
Data point: we have a long-term rental in a popular STR neighborhood listed through Zillow right now.Every person who writes asking to do some sort of arbitrage is blocked by the Zillow platform.I don't even have to say "no thank you anymore."
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17 February 2025 | 9 replies
@Travis Timmons thank your for sharing these details in your personal experience.
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5 February 2025 | 16 replies
A one-person show isn’t gonna cut it.
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2 February 2025 | 4 replies
Since the original loan was apparently for a primary residence an LLC could never qualify because it isn't a person who would owner occupy the property. 2.
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12 February 2025 | 7 replies
Personally, I like to use Notion for this type of task, but I'm sure there will be others on here that will recommend Monday.com, ClickUp, or Asana.
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9 February 2025 | 15 replies
Like @John Underwood said, your cleaner and handy person can be of great help getting things done.
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11 February 2025 | 15 replies
I'd personally sell the townhouse (doesn't sound like it cashflows or would make a good rental property) - you may have no capital gains if you have lived in it the past 2 out of 5 years - I believe the first 250k for single filers is exempt from taxes and the first 500k for married couples.
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10 February 2025 | 8 replies
The person in the response above who got crushed by a $5000 repair never did have $100-200/mo. cashflow.