
30 August 2023 | 8 replies
. ----- Typically a lender would give you income credit of @ 75% on seasoned rental property, so they could 'wash away' some of your mortgage obligation on your rental, for example: Mortgage = $2,000 , Rent = $2,000 - the lender would only factor $500/mo. as a recurring debt to you the other 75% is washed away BUT on a negative cash flowing property they may not be able to do that and it may actually look more like a recurring debt of $2,600/mo. to you (using example) -- which may actually not allow you to qualify for a loan in the future.

1 August 2023 | 15 replies
Additionally, I am in a somewhat similar position to you: looking for a place for my family to use, and STR in between.Regarding expenses:- Electric- Gas- Water- Internet- Netflix/Cable/etc- Paper product- Cleaning supplies- Coffee for guest- Fairly regular replacement of linens (sheets/towels/wash clothes)- Insurance- Taxes- Airbnb Fees- Local fees/taxes- Cleaning costs (yes reimbursable, but there is a fine balance between covering costs and not pissing off potential guests)- Mortgage costs- Maintenance costs- LandscapingThere are lots of nuances to running an airbnb.

30 October 2023 | 1 reply
You can do something called "wash" the payment where it basically allows you to zero out the mortgage payment as a liability.

20 December 2019 | 56 replies
Hey Steve, back again so soon they say.Last year replaced 7 washing machines and became a dryer expert.

8 March 2017 | 13 replies
I think my friend (or the Property Manager) was mistaken, but was he?...

15 October 2018 | 40 replies
Being a little less in debt might be a wash with the rate, from a cashflow perspective.

27 October 2023 | 5 replies
Think wash , prime, 2 coats paint.

30 October 2023 | 10 replies
The Big One 275tc crisp sheets in a percale weave.They are reasonably priced when on sale, wash up great and last forever.

30 October 2023 | 6 replies
Again depends on layout and how much space there is.In the UK and Europe, it is quite common to have the laundry in the kitchen, but most of them just have washing machines and they hang everything to dry.

29 October 2023 | 3 replies
Grandeur Hospitality bath towels, hand towel and wash cloths.