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4 August 2024 | 4 replies
Maybe we can work on a project together down the road!
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5 August 2024 | 2 replies
You would be in an unsecured position and the cost to manage and service the loan (which is required by law but most ignore) would add a cost to youJust sell it at reduced price
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7 August 2024 | 6 replies
Consider hiring a property manager if you don’t have the time or experience to handle this.Maintenance and Repairs: With multiple units, maintenance requests may come in more frequently.
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5 August 2024 | 4 replies
, but the idea is to make it easier for real estate professionals to manage data and focus on what matters most.But here's the thing: I'm not an expert.
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5 August 2024 | 7 replies
I have served across the U.S. and overseas, developing expertise in strategic mission planning, operational leadership, crisis management and strengthening global partnerships.I am now eager to meet and collab orate with business professionals to start building my real estate portfolio.
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5 August 2024 | 6 replies
They've also used no rev management whatsoever, just a fixed nightly rate.
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6 August 2024 | 4 replies
1) A down payment up front of $15-$30k per property (or whatever they can afford that you’d accept). 2) Rent (not applied towards purchase) - covers your mortgage, but no more maintenance or management fees, etc. 3) A windfall of the balance of the purchase price at the end of the term.Bonus: if they want, they can apply additional funds towards the balance of the purchase price on top of rent.
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5 August 2024 | 14 replies
Im also the founding partner of a property management company with full service control over 50+ doors.
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4 August 2024 | 13 replies
I would mention here that a typical condo or single family does not qualify for the Act 60 TOURISM tax credit (which gives you up to 40% back) - the project needs to meet certain qualifications as a guest house, hotel, villas or bed & breakfast - it can be as little as 3 rooms.
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5 August 2024 | 3 replies
Our thought here is that we will cash flow enough to cover property taxes, insurance, and management fees and possibly net $500-$1000 per month in profit.