Eric Lahoda
Lease term month to month
10 July 2024 | 11 replies
I do 12-month leases all year round and it actually produces more income.
Sateesh Kumar
Sell triplex and buy 12 plex in Oakland good idea?
12 July 2024 | 42 replies
But the nice thing about a commercial property is that you do have control over the value of the property. buy-out costs have to be baked into a business plan along with a clear understanding of what the property can produce over a given timeline. $2.2M for 12 units could be a really good deal in a good location with the right plan or it could be money pit and the end of an investor if it is in the wrong place or a bad building.
Fahadbin Alam
Can I use the VA loan while living in the barracks?
7 July 2024 | 5 replies
Remember they can add 75% of the potential income that the small multifamily will produce to your DTI ratio.
Abdulla Sharaf
Expanding my property management business
7 July 2024 | 5 replies
So I strive towards using Lodgify which is a standalone solution that hosts creating a web front, connectivity PMS Channel manager with seamless integration with air airbnb and booking.com. although the platform is very useful we are now seeking towards expanding to a new platform that can onboard us with more rental platforms، based on my research I found a channel manager by a company called Rategain, unfortunately we cannot integrate it seamlessly so the solution would've been to use automation software (Zapier) that can bridge both platforms.
Margarethe F.
Info on company that sells turn key properties in Kansas City MO
6 July 2024 | 4 replies
Their properties are in Kansas City, MO.I can find anything online, except their web site, just would like to know if it is legit.Thank you,
Bocondo Williams
Stripe payments on TenantCloud started charging $1.5 per ACH
9 July 2024 | 9 replies
Quote from @Bocondo Williams: That's the problem with free software: they eventually have to generate revenue, then they want to produce profit, then they want bigger profit.I think most software is going to charge $1 or more for every ACH payment.
Josh H.
Private Money (Hard Money is for Suckers)
7 July 2024 | 30 replies
He has also invested like this with us on a couple of high-producing STR beach houses (that net each of us around 70K per house each year).
Greg W.
Note investing vs Buy and hold and how they affect net worth
8 July 2024 | 20 replies
Because I invest in income producing property, my net rental yield is around 8%, with yearly increases, leveraged with 4-5% loans, creating a net cash flow and debt reduction yield of about 10%.
Dewey Paxon
Advice on a hard decision (should I sell my STR in the Dominican Republic)
9 July 2024 | 16 replies
Another concern I would have is that if we enter into an economic situation where tourism declines and foreigners stop buying expensive second homes there, you could get stuck with a property you can’t sell that isn’t producing much income.
Kyle McShea
Seeking Charleston REI Tips: House Hacking & Investment Insights
8 July 2024 | 6 replies
I have surfed the web and reviewed reddit posts, YouTube videos, talked with family members, and more and I've come down to this definition.- 20% equity after rehabbing- 4% Cash on Cash return- 5% Appreciation rateWhat are your thoughts on this base definition and how does it apply to Charleston?