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17 October 2024 | 22 replies
Typically when I see failed Facebook ad accounts it’s due to improper implementation rather than the platform itself.
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20 October 2024 | 3 replies
I'd then put in another offer-same as before but for $4500 less explaining that the deposit the realtor has because they failed to present the amendment to the seller is the seller's money and therefore you are offering $4500 less (because they will get that money).
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16 October 2024 | 9 replies
There is always the risk that after you do the repair, the the system fails quickly after that.
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17 October 2024 | 19 replies
A tenant who fails to maintain a rental property could end up costing you more in property damage and court fees than the amount of rent they're paying you upfront.
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17 October 2024 | 26 replies
You don't want to bring over poor operations to STR because you will also fail there.
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17 October 2024 | 4 replies
95% of part-timers fail because of the same reason.
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21 October 2024 | 13 replies
If you fail to follow the rules, you may open your personal assets to a lawsuit.
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18 October 2024 | 25 replies
This means the 50% rule fails now (50% + 60% = 110% --- 10% more in costs than rent), and other cost estimate methodologies seem to yield negative net cash flow.Am I thinking about this correctly?
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19 October 2024 | 16 replies
Although rents increased by 2% annually, the purchasing power of this income is equivalent to $4,325 in today's dollars.Year 10: $5,000 x (1 + 2%)^10 / (1 + 5%)^10 ≈ $3,742Year 15: $5,000 x (1 + 2%)^15 / (1 + 5%)^15 ≈ $3,237Year 20: $5,000 x (1 + 2%)^20 / (1 + 5%)^20 ≈ $2,800Due to rent increases failing to keep pace with inflation, you won't be able to maintain your standard of living.
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16 October 2024 | 1 reply
If they fail the second inspection, I terminate their lease and remove them as quickly as the law allows.