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5 February 2025 | 3 replies
It does make me feel more comfortable as I know the are well as a Real Estate Agent.
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20 February 2025 | 5 replies
A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.
10 February 2025 | 8 replies
Would love to get a copy of that spreadsheet as well.
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12 February 2025 | 6 replies
There is an interest in medium term rentals for travel nurses as well.
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14 February 2025 | 18 replies
Hi Jon from Boyertown, PA-You and your fiancé are interested in buying your first short-term rental and wonder profitable areas to purchase with a budget up to $500,000.I would look at places along the west coast of Michigan, Grand Rapids, Kalamazoo, and near Ann Arbor, MI.It is important to understand the local STR regulations in each community and partner with a property management company that can help your navigate that and manage it well for an excellent guest experience.Don't forget to look into bonus depreciation and doing a cost segregation study to increase the tax benefits of ownership and if you "materially participate" in the management of the property per IRS guidelines it can offset active W-2 income which most real estate cannot.To Your Success!
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4 February 2025 | 9 replies
The biggest problem I see with seller financing is the cost of repairs (as well as holding, selling, etc.)
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12 February 2025 | 3 replies
Well done Vince!
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19 February 2025 | 15 replies
There is more beyond merely setting it up though involving the operating agreement, separate accounts and books and no co-mingling and many people don't keep that piece maintained too well.
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19 February 2025 | 10 replies
RV rentals can do well, especially in popular outdoor destinations.
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14 February 2025 | 3 replies
Considering the area I am not sure how this poster's LTRs are going, but I own 2 in the area and have helped multiple investors buy and then lease their LTRs in the Buda/Kyle area as well - all are cash flowing.