
6 March 2024 | 7 replies
If you leave the property in your own name anything in your name is at risk, including your personal residence, savings, and future income.

6 March 2024 | 6 replies
I've been devouring any other resources I have been able find as well, to include all of Frank's podcast episodes, and a couple of others too.

6 March 2024 | 17 replies
I will include numbers below.

6 March 2024 | 10 replies
Leaving me with a payment including taxes and insurance of about 1600 a month for another 30 years.

6 March 2024 | 3 replies
-Setting Criteria: Defining specific criteria such as location, property type, Financing Options (Including Seller financing), and comfort level to narrow down options.a.

6 March 2024 | 5 replies
Costs us about $160 a year and includes filter changes.

6 March 2024 | 22 replies
I'm sure there are things I'm not considering and would appreciate your feedback.Here are some additional details about the home and financial situation.Location: Atlanta, GeorgiaMortgage: $5513/mo @6% interestZillow Rental Estimate: $4966Current Mortgage Balance: $716kZillow Home Value Estimate: $825-1.02mAirDNA Information:Projected Revenue: $82.7kAverage nightly rate (as entire home): $347Occupancy: 65%Projected Operating Expenses: $41kManagement Fee: 20% - $16500Lodging Tax: 5% - $4134Property Tax: (included in mortgage escrow)Cleaning Fees: $6600Maintenance: $3400Insurance: $5200Utilities: $5172Projected Monthly Income: $6891 - $5513 = $1378Projected Expenses: $3416 /moAfter Expenses: -$2038 / moHere are my listings:https://www.airbnb.com/rooms/796636182229405398?

6 March 2024 | 3 replies
We include a clause in our contract stipulating that closing is contingent upon tenants vacating.

6 March 2024 | 5 replies
That being said, these will also have the strictest underwrites, including credit, DTI, and asset requirements.

6 March 2024 | 9 replies
Full details on the project are available including project description & costs, 3-year income/expense spreadsheet & photos.