5 June 2024 | 5 replies
Beware of bedbugs getting on your clothes and you transferring them back to your own home- if you wear a haz mat type suit the renters will feel like something is wrong and feel very uncomfortable- but in some heavily infested situations it might be called for.

6 June 2024 | 6 replies
Taxes should be in the underwriting but at the same time, the percentage charged by the local city/county/state should be baked into the nightly rate.

6 June 2024 | 1 reply
Price - $299,000Preferred Lender rate - 4.75% on a 10/6 armRent per unit - $2,000 +/-3bed | 2bath 1,500 sq feetFinancials - 25% down, 4.75% rate, monthly cash flow roughly $200Builder warranty included.

6 June 2024 | 0 replies
Basically an informal audit of ones portfolio.This could be as simple as creating a few benchmarks (specific ratio of expenses, total PM fee ratios, vacancy rates and duration,etc)As much as one could assume they have a well oiled portfolio, an outside investor could find areas of improvement.

6 June 2024 | 13 replies
The best rate I could get now for an investment home is 8%.

4 June 2024 | 4 replies
@Bruce Lynn, while I am guessing because I don't know "most" large multifamily, I would say it is very much manager dependent and likely to become more common place as many syndicators are struggling to make their mortgage payments.Ownership companies are still run by people, and people that don't have enough money to pay their bills will start prioritizing who to pay based on the perceived risks of not paying.As for taking over any outstanding bills, that is one of many issues of the common LLC transfer.

6 June 2024 | 16 replies
Airdna shows the avg. daily rate around $400, which sounds really good to me and occupancy at 56%.

6 June 2024 | 6 replies
However, with our current low interest rate and rental rates for our neighborhood we could also cash flow appropriately $1000 per month, keep it and allow for further appreciation over the next three years until we would need to sell to capture section 121 tax exclusion.

6 June 2024 | 12 replies
They are running a business and need to figure out their rates on their own.

7 June 2024 | 19 replies
New home builders are offering great rates with their lenders and paying closing costs, with a VA loan you can put 0% down, its insane.