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9 August 2024 | 9 replies
Thank you all for your help and suggestions From my experience managing STRs, I would also say that it's important to provide basic instructions for different things around the house (or in the bedrooms).
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6 August 2024 | 4 replies
If you form an LLC you can use hard money for rehab projects or DSCR 30Y rental loans for stabilized rent ready properties.
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8 August 2024 | 27 replies
If you continue to face issues, consulting with a property management company or legal advisor might also be beneficial.Best of luck with your rental properties!
8 August 2024 | 3 replies
It's a question of cost vs. benefit.If you have any suggestions, you can send them to @Rene Hosman as the forum manager.
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7 August 2024 | 0 replies
I recently listed on VRBO and now have my calendar blocked by the company after speaking with a potential property manager.
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6 August 2024 | 4 replies
I want to know the comps, the liquidity checks out, the experience is there, there aren't any lates on mortgages as of recently and the project makes sense.
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8 August 2024 | 8 replies
I had to prove to the PM that my investor owns it and that we now manage it.
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7 August 2024 | 15 replies
If you ask your banker, your older parents or grandparents, realtor, financial manager etc. they will all say "of course buy your primary".
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8 August 2024 | 6 replies
.- Management Fees: 2% of gross rental income annually.- Acquisition Fee: 2% of the purchase price.- Disposition Fee: 1% of the sale price.Option 2: Debt Financing with Equity Upside- Target Properties: Single-family homes, multifamily properties, and land for development in prime locations.- Interest Rate: 6% interest only for a term of 5 to 10 years- Prepayment Penalty: 2% if the loan is paid within the first 3 years- Equity Upside: Investor receives 30% equity of the appreciationWhich option do you think is more attractive and why?
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8 August 2024 | 28 replies
How do you feel about the area just south of downtown Saint Pete now that the Tropicana project has been approved?