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7 September 2022 | 27 replies
I have pivoted to offer my place to students for their rotations at the hospital.
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27 June 2022 | 3 replies
Here's the structure & terms of the 50/50 cash-sweat equity partnership:Money partner obtains loan and the contract on the property Sweat equity partner performs day to day management functions on the STR or LTRAfter closing, the money partner holds a “mini mortgage” with the sweat-equity partner in the amount of the sweat-equity partners half of the down payment/closing costs/furnishing costs.
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9 July 2022 | 3 replies
Our thought is, we live near several clinics in the Hudson area, why not try to rent by the room to medical-type students looking for housing during clinical rotations?
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29 June 2022 | 7 replies
Hold for one year, get a T12, sell property as a functioning business and then 1031 into a more desirable asset (large multifamily or an airbnb that you, your friends, and your family can personally enjoy at a much higher rate.
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29 June 2022 | 4 replies
or, it could be a combination of all those things....Lastly, the issue with the washer/dryer...if the washer/dryer you had was functional, it seems weird to get rid of it...if this is a luxury unit, then yes--you would probably need new high-end appliances to be competitive...but if it's just a typical C-to-B- grade rental, then an older (but functional) washer/dryer should be fine...do you feel that the PM is mentioning the washer/dryer as an excuse for not getting it re-rented?
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30 June 2022 | 9 replies
Hold for one year, get a T12, sell property as a functioning business and then 1031 into a more desirable asset (large multifamily or an airbnb that you, your friends, and your family can personally enjoy at a much higher rate.
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4 July 2022 | 3 replies
Personally I do not like the task functionality of the software.
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5 July 2022 | 16 replies
Use the search function to narrow down the topics you are most interested in.
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8 August 2022 | 12 replies
Or start doing some research and consider outsourcing the bookkeeping function, very cost-effective.
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13 July 2022 | 11 replies
--so, you'll want to consider whether your house has any of these types of items...if there's a big storm that dumps a lot of rain, and the sump pump won't function because there's no power, that could cause a flood and major expenses...Personally, I would also be concerned about the competence of a tenant who turns off the power to your property without first asking your permission.