
30 August 2024 | 22 replies
We usually bill our owner's via cash rather than accrual (IE our July owners statement for an owner has their July revenue minus expenses paid in July) but the owners get confused when the cleans don't line up to the stays, so had to train our bookkeeper to include the July cleans on the July statement even though that invoice was paid in August, which is different than how all the non-cleaner invoices are handled.

28 August 2024 | 7 replies
I found a good deal that I really like for $160K, which has excellent cash flow potential.

28 August 2024 | 9 replies
The company should provide some sort of warranty on work that they do to remediate the issue.

26 August 2024 | 13 replies
We could offer $210,000 to make it a 1% deal, but I understand that the seller paid for the rehab, would have to pay capital gains tax, and closing costs.Based on the info provided (potential rent roll, the fact that it would be a house hack, and the appreciation potential), what do you think a reasonable offer price is to get them to sell a property they recently bought and put money into?

28 August 2024 | 1 reply
Purchase price: $75,000 Cash invested: $75,000 This is a duplex with 2 bedroom/1 bathroom on one side, and a 1 bedroom/1 bath on the other.

28 August 2024 | 18 replies
If you cash out equity in a property, you are "borrowing" that money from the lender.

28 August 2024 | 2 replies
Maybe into an area with more appreciation or cash flow potential.

29 August 2024 | 4 replies
Some investors will cash-flow negatively, be upside down, or both but every REI strategy comes with risks.

27 August 2024 | 11 replies
The tenant claimed that there was a mold issue even though they themselves provided a mold report that directly stated there was no mold issues.