Daniel Bruyere
San Diego vacancy rate
19 November 2024 | 3 replies
The increase in vacancies can be attributed to the addition of new properties to the market and higher than usual vacancy rates in older properties.https://www.socalrha.org/news/2024-vacancy-and-rental-rate-s...Note LL, location, and property all have an impact on actual vacancy.
Mary Pastoral
VRBO charges 10% commission for direct booking outside of their platform
23 November 2024 | 40 replies
VRBO just showed a document that a guest tried offline booking the same dates 18 times and that is why VRBO is charging us more than 1500 USD even if the booking NEVER happened.
Michelle Sharko
Home equity loan
19 November 2024 | 6 replies
It also depends on the situation sometimes a HELOC is warranted for short term financial needs so long as you have a plan to get back in the same or better financial position afterwards and the "means," and "will," to carry out this financial or mortgage plan- HELOC's are typically full documentation qualifying loans so you'll need actual income to qualify whether it be from pension, insurance, rental's, etc that are all fully documented on taxes, W2's, 1099 forms, etc.
Rod Merriweather
Trying to Scale- Lending Help Needed
26 November 2024 | 17 replies
Banks like to match short term assets with short term liabilities, and vice versa.I don't believe that DSCR loans are "expensive", but they do require a more thorough underwriting and higher amount of financial documentation other private and hard money loans.It generally helps to have a Fractional CFO or Loan Consultant (not a broker) that will work on your behalf to negotiate better DSCR terms and rates.
Culver Bradbury
Rental Property Expense Sheet
20 November 2024 | 1 reply
I have kept track of all my expenses in an excel sheet/word document but feel like there may be a more organized and efficient method to tracking?
Aubrey Ford
Tenants moved in their parents without permission or discussion.
20 November 2024 | 9 replies
Good news is since it is my daughter I was able to have a heart to heart and the issue has been resolved. though I am still waiting on them to sign the lease :(
John Kelly
LLC at homestead house hack
22 November 2024 | 7 replies
Document all rental-related expenses and mileage carefully for tax purposes.This post does not create a CPA-Client relationship.
Craig Salzer
Norada Capital Management notes
1 December 2024 | 68 replies
(November)Would be welcome news if it comes to pass, especially for SDIRA investors who are taking RMD’s and will have a tax burden after the first of the year.
Jose Remor
Leaving a property management company.
25 November 2024 | 19 replies
Bring documentation to prove ownership.
Keri Win
New landlord: Need advice on apps to manage your property and lease agreements
19 November 2024 | 23 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.