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27 January 2020 | 18 replies
The property is in a different state and I’m not familiar with the market in that area.For the first 10 years, the rent was $17.35 a sqr ftFor the last 5 years, the rent was $19.28.The tenant is coming to the end of their lease and they are requesting a substantial reduction: $17.20 for another 10 years.They sent me a “Lease Comps Summary” report to support the notion that the rent should be lower.I’ve called some local brokers to try and find out what the market rate should be and brokers tell me, “high teen”.
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30 January 2020 | 33 replies
BP is about sharing knowledge and support other REIs.
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11 February 2020 | 6 replies
Not Quicken/Rocket Mortgage garbage where they have not even seen the supporting documents.
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28 January 2020 | 39 replies
Calling your Support team - your accountant, bookkeeper, Virtual assistant or secretary4.
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28 January 2020 | 5 replies
@Gary ParilisEquity Trust is a custodian, and does not offer or support the checkbook IRA LLC model.There are a variety of pricing models in the custodial range of services, from asset based to flat fee-per-transaction and a variety of hybrids.
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27 January 2020 | 7 replies
They still need the retirement funds and I shoulder all the work and risk since it is my business and my credit supporting the properties.
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27 January 2020 | 13 replies
A lot of these southern beach & mountain towns have been supporting STR for 75+ years, long before Airbnb was a thing, so they’re very comfortable with it and it’s a built-in part of the community.A lot of Northern places are FREAKING OUT over STRs & STR regulations & they don’t seem to be very supportive of it.
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28 January 2020 | 27 replies
Thus any new things would only support my cause.
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4 February 2020 | 4 replies
So I don't mind to support the property for this time.
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8 February 2020 | 17 replies
Or if the location supports it, get the Cadillac one for 60-70k all in and rent for 2-3k.