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25 May 2016 | 5 replies
When there were visitors he would offer home grown tomatoes.
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4 July 2020 | 10 replies
Just block your calendar whenever you plan to visit or pause your listing when on furlough for a year.
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21 July 2022 | 4 replies
I also understand that May-August are the “off-season” months for Miami visitors - that, coupled with recent economic challenges, my revenues for the timeframe that I’ve listed them probably will not extrapolate to a representative year.For https://www.airbnb.com/rooms/555741066345416184 - listed mid-February, the average monthly payout was $4300.For https://www.airbnb.com/rooms/53422834 - listed mid-May, the average monthly payout was $3500.The largest monthly costs that I need to cover include: insurance ($175/month), property tax, and HOA (about $675/month).
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20 July 2023 | 160 replies
Severville, Gatlinburg, Pigeon Forge is set in the most visited national park in the country, nearly 15mil visitors per year, which is nearly the rest of the top 5 combined.
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14 June 2023 | 5 replies
We get a ton of TN visitors.
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5 January 2016 | 5 replies
I haven't decided which way yet but I'm leaning more on the buy, rehab, n hold over the flip initially, unless the deal just screams otherwise.
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18 October 2016 | 7 replies
I am a fairly regular visitor to Macon, great town!
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23 February 2017 | 20 replies
There seem to be a lot of unknown variables going in and it probably isnt worth the effort unless the numbers scream at you otherwise.
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1 December 2016 | 6 replies
The seller had owned it since 1949. 4 Units 1BR/1 bath each (these are true 1BR units, not walk-through or "shotgun" style)3 units currently rented at $525, $525, and $550/month1 vacant unit that's turnkey and we have listed for $550/monthThere is a detached garage that should rent for at least $50/month.Gross income = $2200/month, $26,400 annually. 1% rule = 1.19Sales price: $179,900Seller put $3,000 toward closing costs and credited us $4,000 for a handful of minor repairs that came up during the inspection. 30-year fixed rate mortgage at 4.25% with 25% down ($664/month)2016 Taxes: $2,009Insurance: $983/yearTotal PITI: $913ExpensesWater, Sewer, Trash: $218/monthVacancy & Credit Loss: 5%Property Management: 10%Maintenance & Repairs: 15%Total Expenses (w/out P&I): $1127 (52%)$2200-1127 = $1073 - $664 (P&I) = $409 cash flow/monthCash out of pocket (inspection, down payment, closing costs): $45,981Estimated cash-on-cash return: 10.67%This isn't a screaming deal by any means, but it's a solid base hit that gets us "in the game".
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9 July 2017 | 10 replies
They usually limit the amount of non family members in one home, highly regulate visitors and length of visit, then after all that they can dictate who you can sell the home to when you want to exit.