
20 April 2018 | 14 replies
RailRoad which runs the childrens train the "Polar Express" through the end of the year and keeps town very busy with some 70k plus visitors.I would echo most of what Amy had to say about the biggest factors to consider for a mountain rental would be accesability, view, hot tub, fire pits and lastly we have seen a shift from people wanting to be remote to being closer to town.

17 September 2016 | 3 replies
I know we need to setup a separate bank account from our personal finances to run our rental properties business, but not sure if we should go through a "big bank" or "small bank"/credit union.

6 October 2016 | 7 replies
My goal is to not be a "shark" in this industry but i just want to have everything running by a certain age then relax.

15 September 2016 | 7 replies
If you run out of options, a fico/equity based lender is the best alternative in my opinion.

16 September 2016 | 14 replies
@Mas YoshidaWhen I have run our numbers, where we are getting about 1-1.25% of sale price as rent (100K house renting for $1000 - $1250) by the time we take the depreciation, it wipes out all of the 'cash flow' profit, so now taxes currently due.If you are going to leverage with any non recourse loan, I have found they do NOT want to lend on; Pre 1950 properties, houses converted to duplexes (at least older ones), or loans less than 50K which would be a 125K property at 40% down payment.

19 September 2016 | 32 replies
Most people run their numbers to determine what their profit should be.

22 November 2016 | 10 replies
Thanks a ton for the well wishes and I hope your transaction and future transactions all run as smoothly as possible!

15 September 2016 | 2 replies
Sounds like they have partnered with 1 provider to try and expand their offerings, but these company owned brokerages are typically run by employees who have no vested interest in winning your business.Probably time to find a good independent agent to handle the rentals, AND you'd be able to leave the home and auto with USAA.Good luck

17 September 2016 | 9 replies
I've run it through the BP rental calculator with conservative, medium and liberal scenarios and it looks like the property would cashflow between $450-$1,000 / mo.
16 September 2016 | 8 replies
I operate in Colorado as a wholesaler currently, but am always projecting forward and looking for ways to 10xArizona is in my sights for next, along with Nevada and California.Would love to hear about how you run your business.P.s I'm a full time RVer and love the outdoors and can sometimes be a nice guy myself