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29 December 2024 | 11 replies
However, there are small parts of "Clearwater" that are unincorporated and therefore legal for 1 night stays, opening the door for successful operations.
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25 December 2024 | 12 replies
I'm also concerned about the liability that I might be exposed to here by allowing what appears to be a business to operate out of my rental.
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23 December 2024 | 5 replies
Any good commercial broker is going to trim the expenses down by 10-20% from what they will be for me when I operate the deal.
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28 December 2024 | 3 replies
I'm paying about 2k/month in JUST INTEREST. it brings in about $1300 and I live there with 2 roommates and operate my business out of it.
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22 December 2024 | 7 replies
I know if I were to send an operating agreement to a lender that reads "LP member will receive return of their capital and 20% annualized return" they would not approve the loan.
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23 December 2024 | 3 replies
There is a lot of inventory in Jersey City, so compared to the rest of the state, there are opportunities there for good STR operators.
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21 December 2024 | 10 replies
Alt lenders will normally be higher on fees, rate and perhaps leverage at time of close but that's not always indicative of cash required to operate.
21 December 2024 | 18 replies
A good rule of thumb is to keep 3-6 months of operating expenses in your rental account as a cushion.Once you’ve got that covered, you can start investing the excess.
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22 December 2024 | 5 replies
Are you intentionally looking to outsource the management and day to day operations to a management company versus self-managing?
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21 December 2024 | 3 replies
What if I'm the operator of the Fund?