Eric Carlstrom
First-Time STR Buyer --- Feedback / Guidance Requested
26 November 2024 | 21 replies
As I'm sure most of you know, a long-term rental is simple since the only recurring expense I own is the mortgage, whereas with a STR I'll own the mortgage, internet, utilities, furnishings, cleaning fees, etc. which just makes my projections a bit foggier.I'm looking for feedback on the below expenses and wondering what else I should be thinking about, that I don't currently have listed.
Zachary Schreffler
Cold Calling Marketing - List Population
26 November 2024 | 6 replies
After utilizing the Do Not Call Registry for phone numbers, my list is cut in half, to about 3,000.
Jose Laffitte
Fix and Flip funding
26 November 2024 | 14 replies
There are strategies that you can utilize here that can make it easier as well.
Tim Callahan
In Maine, can I use a tenant's security deposit to cover legal fees for an eviction?
26 November 2024 | 4 replies
I start with cleaning and repairs, then I apply it towards utilities, legal fees, late fees, and rent, usually in that order.I also have a holdover clause that says the tenant is charged 4x of the monthly rent, prorated daily if they hold onto the property after lease termination.
Christine Aledam
Time to find a new Accountant?
3 December 2024 | 21 replies
Same thing with bank accounts, utilities, etc.
Golan Corshidi
First Cleveland Investment: Triplex showing 45% COC return. Am I missing anything?
22 November 2024 | 4 replies
Numbers:Purchase Price: $140,000Cash Invested: $42,000Income:Unit 1: $1075 + utilities.
Nina Ning
An applicant with credit score of 770 but no proof of past rent payments
27 November 2024 | 8 replies
Did they have bank statements showing utility payments for the rentals?
Alvin Taveras
Who Offers HELOC on Investment Property?
26 November 2024 | 12 replies
Thanks,A lot of lenders (mortgage brokers) utilize figure https://www.figure.com/home-equity-line/ if it helps you at all.
Adrian Chu
THE ULTIMATE SEATTLE HOUSE HACK (no, it is not renting out rooms)
24 November 2024 | 18 replies
Originally posted by @Angela Zaitz:Are the utility lines separate?
Andres Rossini
Am I greedy/emotional seller? Revenue=185k Expenses=100K
10 December 2024 | 39 replies
Are they sitting on concrete foundations with full utilities to each?