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24 April 2024 | 15 replies
The saturation does give me concern, as it will be hard to make sure the property stands out from others when it is so far away from home without significant time and effort to keep up on theming, not to mention that you are at the mercy of your management company for some of the placement.With respect to rates, I have no delusions that the rates will come down, the refi is more a protectionary measure to make sure that we do not end up upside down on a mortgage if we just pick an arbitrary number and say, put 40% down on the property at 8%.
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22 April 2024 | 7 replies
Having reviewed what's previously been discussed on this forum regarding whether people list what their actual cleaning cost is vs. a reduced (or in some cases inflated) price, can anyone share if there is a tax liability with this I'm unaware of?
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25 April 2024 | 5 replies
I have a few more books and podcasts on my list as well but I figured I would jump in here and introduce myself.
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23 April 2024 | 9 replies
The owner needs the stable income a lot more than the pennies on the dollar from a sale at present so I am meeting with an accountant next week for the first time to pick their brain about a structured buyout.
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24 April 2024 | 3 replies
You can pay a lot of a software... or you can do the following: - Assume you are handed $2.5M in cash in 10 years (pick your number). - Take a blank sheet of paper, and a pen/pencil. - Draw a big circle on the paper.
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24 April 2024 | 40 replies
In a real world example, a guest got severely injured and the regular $100,000 coverage on the policy was not enough so the umbrella picked up the rest.
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25 April 2024 | 9 replies
If you feel confident in running numbers, I would say your first step is to reach out to various wholesalers and get on their distribution list.
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24 April 2024 | 3 replies
I was hooked, and I haven't stopped learning and growing in this industry since picking it up a little over a year ago.
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25 April 2024 | 82 replies
From the thread it seems like homes appraised for higher than purchase price and you all have kept homes but also picked up did 1031 - not sure if that was of TK homes or other properties.thanks in advance.
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23 April 2024 | 31 replies
They only take 10% and list on all major sites for free.