Casey Hampton
Multi Family Partnership Structure
7 September 2024 | 2 replies
So if the property is $250,000 and it needs $50,000 worth of work, you would need $10,500 as your down payment (technically $10,675 as there would be "contingency reserves" baked into the renovation budget).
Kyle Smith
How many use “Instant Book” on VRBO or Airbnb?
3 September 2024 | 22 replies
If you're concerned about issues, make sure to have a camera pointed at the driveway, smartlock that logs all the comings and goings, noise monitor inside and you can even place one in the backyard, and lastly get damage rental insurance on each booking that the guest pays for by baking the charge into the nightly rate.
James McGovern
What is your preferred scent to make your property smell good?
27 August 2024 | 4 replies
Itend to like a baked cookie scent
Joseph Beilke
Bourbon and Whiskey?
28 August 2024 | 74 replies
Mix that with a shot or a shot and a half with a KY classic soda called Ale-8 (ginger ale soda) and of course some large ice.
James McGovern
Why are the number of fees for a loan growing?
26 August 2024 | 11 replies
It's only natural to pass these costs on to the consumerSome costs used to be hidden from the borrowers and baked into the interest you pay.
Clayton Silva
Hot Topic: Rates don't matter nearly as much as you think they do
26 August 2024 | 24 replies
I took your advice to mean they are only getting paid on their fees, not the rate charged.Lenders make their fee 1 of 2 ways typically.Lender paid compensation= the lender/broker fee is baked into the interest rate (most transactions are done this way but it makes it difficult to understand the actual base rate of the lender because they may charge more or less than other lenders so the comparison is not apples to apples).Borrower paid compensation = the comp is paid directly by the borrower as a line item in Section A.
Rob Bergeron
"Dirty soda" chain Swig coming to Louisville; many locations planned in region
21 August 2024 | 0 replies
Love to hear it!
Carlos Lopes
Buying STR in Destin/Fort Walton Beach
26 August 2024 | 25 replies
What’s everyone’s thoughts on condo complex where they manage everything for you (all baked into the HOA), vs buying somewhere where I could just Airbnb myself?
Eric Lahoda
Is anyone charging move-in fees?
16 August 2024 | 1 reply
Since its a flat fee, I bake it into the rent.