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21 April 2024 | 4 replies
If there is no security deposit, you should highlight that.
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22 April 2024 | 14 replies
Made up nice round numbers, and yeah these are extreme just to highlight the concept:MLM tenant: 8% cap is appropriate based on comps, paying $100k/yr. $100k / 8% = $1.25m.Dentist: 7% cap is appropriate based on comps, paying $100k/yr.
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19 April 2024 | 4 replies
This combination of affordability, economic stability, and location makes Parma compelling in my research.Taking a deeper dive into the rental market here, I thought this could be a unique investment opportunity because despite a seemingly low occupancy rate of 23.90%, the rising rental rates highlight a robust demand for single-family homes (SFH), presenting a lucrative avenue for investors like us.
18 April 2024 | 4 replies
People are generally referring to this type of entry as contra-expense or atleast that's how I interpreted.In the PA tax return, this line item was highlighted in Red and hence the question
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18 April 2024 | 1 reply
The key highlights of this slate of bills includesAdditional Excise Tax on STRCreation of a statewide STR registryStandardize safety requirements across the stateProtect the ability for local government to zone STR in accordance with their needsThis isn't the first attempt at statewide regulation, and its clear the bills as written would be operationally burdensome to put into place for the state (aka, expensive) and the problems they are trying to solve are not, in all, a result of STR in our communities but of bad tax laws already in existence.
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18 April 2024 | 19 replies
I find it commendable that members of the BP community showcase their properties, highlighting the staging process and curb appeal enhancements made,
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17 April 2024 | 2 replies
Good communication will build trust and can lead to more investment down the line.When it comes to sharing how it worked for others, people often highlight the importance of alignment in investment goals and risk tolerance.
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21 April 2024 | 240 replies
I would say that overall it has been a great experience and the OCF’s intentions are in the right place.There are some discrepancies along the way that I feel we have to highlight.
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17 April 2024 | 5 replies
Since she is a single mom with two kids, you will be looking for review highlights about families and kids and the care taken.
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17 April 2024 | 5 replies
Here are some of the highlights: quickly set up bank accounts for each property and sub-accounts under those for things like security deposits and CapEx; virtual credit cards tied to each property; quick transfer of funds; ability to send money back and forth to tenants (some platforms are for collection only but won't let you send your refundable deposits back to your tenants); easily categorize every transaction into IRS Schedule E categories for reporting taxes; ability to split transactions; tenant management from vetting to drafting lease agreements to collecting rent.