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20 January 2025 | 62 replies
My operations manager just notified me that we did in fact fund 3 out of the 4 condominium deals you brought us.
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11 January 2025 | 11 replies
Here are the numbers:IncomeTotalPartner ContributionsManaging Partners Debt$0.00Partners Deposits$987,459.99Total Contributions$987,459.99Operating IncomeAirbnb Income$50,186.50Square Income (Vehicles or add-ons)$6,741.04Total Operating Income$56,927.54Total Income$1,044,387.53ExpensesPurchase of propertyCost of House-680,000.00Closing Costs-$26,744.44Total Cost of Purchase-706,744.44Set Up ExpensesHouse Improvements & Care taker home addition-116017.03Adding Tiny House-52130.83Furnishings-68403.65Vehicles-43150Set Up Costs and Advertising-2339.53Total Cost of Set Up-282,041.04Operating expensesCare Takers-14535.9Additional Cleaners-1505Cleaning Supplies-2670House Supplies-1340Landscaping-4230.66Utilities (Power & Water)-8204Internet-315Pest control/fumigacion -120Pool cleaning/maintenance-2220Vehicle Gas-552.3Vehicle Maintenance and Repairs-6625.01Welcome Food for Guests-115Property Repairs-4999.64Bank Fees-1208.06Accounting Fees-1085Insurance-955.74Other Expenses-1071.2Total Operating Costs -$51,752.51Total Expenses-$1,040,537.99Net Income$3,849.54Net Operating Income$5,175.03Now 5k for an investment of 970k is not a good investment.
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10 January 2025 | 20 replies
I'm in the metroplex/dfw so definitely good and virtually no vacancies as far as when they're turned That’s good that’s good
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22 January 2025 | 12 replies
, and I want my operating cost to be less than 50% of the rental income.
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13 January 2025 | 15 replies
These loan types allow you to do up to 90% of the purchase price and 100% of the renovations financed as long as you meet experience, credit, and LTC/ LTARV requirements based on an appraisal or virtual inspection.
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31 January 2025 | 121 replies
I'm the director of operations at Your Tax Team.
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8 January 2025 | 13 replies
Its being operated at STR from last 30 months with great cash flow.
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23 February 2025 | 79 replies
And getting entirely into speculation if doge really wants to cut the federal work force, an idea I’m not totally opposed to, centralizing operations and closing your Cleveland field office, or your St.
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10 January 2025 | 6 replies
I have always dreamed of owning and operating multifamily rental properties ever since I was a little kid.My mom has been in realestate ever since I could remember, everything from being a realtor, fix and flips, buy and holds, and long term rentals.
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14 January 2025 | 8 replies
Operating your rental like a business is mandatory to protect you, your ROI, and your property.Hope this helps...