James Wesley
Hot Tub Management - Complete drain and refills after guests
9 October 2024 | 28 replies
Hotels and fitness centers handle hundreds and hundreds of users between cleanings.1.
Jenni Utz
BRRR: The Real Estate Investment Strategy for Long-Term Wealth
10 October 2024 | 2 replies
At this stage, you want to ensure that the property is cash-flow positive, meaning the rent covers expenses and leaves a profit.4.
Haider Tiwana
Elon Musk's xAI supercomputer brings serious environmental risk to Memphis
8 October 2024 | 1 reply
300 jobs isn't a lot to bring to Memphis for a $3-4 billion dollar project (it doesn't take much to run a data center). personally I'm a musk fan, but we have to consider the ramifications to demanding this much energy.
David Hite
Pro Forma income vs Actual Income - Property Price
8 October 2024 | 3 replies
Or in the early stages ask for more detailed financials for the last rolling 12 months, and come back with that data early in the process to weed out those who won't budge?
Chris Seveney
Spotting an investment that will not end well
11 October 2024 | 7 replies
Good opportunities, early stage opportunities, may not have the best online presence, but be otherwise legitimate.Also IRR is a vanity metric, it's the wrong measurement.
Beck DeYoung
Facing Negative Cash Flow While House Hacking – Looking for Advice
10 October 2024 | 31 replies
I’m also at a life stage, where I’d prefer to just live with my partner and not rent out individual rooms in my unit.When I move out, the rental income would sometimes just barely cover the mortgage and taxes (usually not even insurance).
William Downey
Managing / Organizing Finances for Flipping Business
9 October 2024 | 2 replies
As little as you can move money around, try to get to a place where you are just paying yourself out and adding owner contributions into the business (but at the beginning stages this is something that is needed)
Sanjeev Advani
CAA Opposes Extreme Heat Bill Over Costly Air Conditioning Mandates
8 October 2024 | 1 reply
The bill, introduced by Assemblyman Isaac Bryan (D-Los Angeles), would require local governments to update hazard mitigation plans to address extreme heat by January 1, 2028.CAA’s concerns center around the potential for costly retrofitting mandates, particularly for older buildings not equipped for modern HVAC systems.
Michael Belz
Airbnb Management & Staging Fees - Is This Standard?
2 October 2024 | 16 replies
He quoted a 20% fee for managing each successful booking and suggested we improve the staging of the house, which he would oversee for an additional 10% of the total staging costs.
Account Closed
11 Ways to Find Off-Market Properties For Sale
10 October 2024 | 0 replies
Sellers can also save on marketing costs, listing fees, and staging.