Rene Hosman
How do you do bookkeeping and financial reporting for your rentals?
4 December 2024 | 30 replies
Baselane offers cash flow at the unit, proper or portfolio level.
Heidi Fischer
STR Loophole possible buying in Dec 2024?
10 December 2024 | 25 replies
I’m pretty sure In Las Vegas proper you’ll need a license (which you probably won’t get by year end.)
AJ Satcher
Not Getting Airbnb Bookings After Having Calendar Blocked For Several Months
3 December 2024 | 9 replies
The algorithm is properly ignoring your listing now.
Sam Epperson
What are the next steps after creating a seller finance note?
6 December 2024 | 3 replies
A smart seller will have note, deed of trust/mortgage/etc. prepared by a local real estate attorney (yes, he/she may work with/at the title company) and be sure the security instrument is properly recorded in the land records.
Angela Hudson
I have money but need a partner in Austin, TX
2 December 2024 | 13 replies
I'd also partner with a lending company that understands how this is going work, and what your plans are.And last, but not least, I'd partner with a CPA to help navigate you to the ways of working this properly.
Craig Daniels
Relative ranking of my first rental "deal" vs. the rest of the US (monthly cash flow)
8 December 2024 | 7 replies
The big question is whether you calculated cashflow properly.
Celine Li
"Which out-of-state cities are good for investing now?"
16 December 2024 | 23 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Carter Mayberry
Refinancing my current FHA to Commercial Financing
13 December 2024 | 15 replies
Most commercial lenders permit this, but it’s critical to confirm beforehand.Liability Protection: Moving the property into your LLC can shield your personal assets, but ensure your operating agreement reflects this properly.5.
Brandon Ortiz
How To Get Started | Bay Area
9 December 2024 | 9 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Eli Ling
one of my tenat send us this message
2 December 2024 | 7 replies
For it to work properly (ie heat the unit), it needs to be kept on in the winter even if she turns it down when she's away or in the evening.