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22 January 2025 | 12 replies
From my understanding, as long as you intend on doing a STR when you close, there are no rules against changing your strategy after closing, especially if you find that something else is more profitable.So in our case, the lender determined an STR would bring in ~$3500/month (with all of their conservative factors), but now that we operate it as a huge 3300 sqft Co-Living property, it actually brings in $7000/month.
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31 January 2025 | 19 replies
but big things (bedsheets weren't changed because they "looked" clean but had significant fragrance, etc. and were clearly used once you pulled down the sheets to take a closer look, etc.).The ONE thing I expect a PM to get right- is the cleaning.
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15 January 2025 | 3 replies
We let the inherited tenants know of the change of ownership and gave them a formal notice to vacate.
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14 January 2025 | 17 replies
Away from the coast, no hurricanes, fires, floods - we don't even have snowstorms anymore.People can deny climate change all they want or blame it on sun cycles, and frankly, it does not even matter, the reality is that insurance cost will force the issue.You can try to rebuild and you can put houses on stilts in flood areas, or fortify them against high winds and fires, but that makes it expensive.
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30 December 2024 | 5 replies
Quote from @Marc Shin: I saw a video by Miles Golden and he said you change transfer your primary mortgage to a HELOC, and then you can pay all your bills out of the HELOC and pay off your mortgage in 3-12 years.
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20 January 2025 | 11 replies
Maybe the partner is less able to do some of the leg work or their priorities change or maybe they move out of state!
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22 January 2025 | 56 replies
Honestly, I don’t think my happiness or sense of contentment has measurably changed during this time.
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13 January 2025 | 4 replies
Quote from @Kristi Kandel: Helping LA Communities Rebuild After WildfiresWhen Hurricane Ian hit Fort Myers Beach in 2022, it changed our lives forever.
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10 January 2025 | 12 replies
Not even Balance Sheet.I don't know if they changed their model since the change of subscription plan but it isn't ideal to use it as depreciation or amortization.They do have a balance sheet.