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30 December 2024 | 11 replies
Should you choose not to renew your current lease you will only have to pay the difference of the last month’s rent you originally paid. 1750-1495= $255.Current Rent: $1,750Increase: $119New Rent Rate: $1,869This increase takes effect the 1st day of November, 2023.We’ve been happy with you as a tenant and hope you continue to stay with us for a long time.
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27 December 2024 | 22 replies
So well within the 30 day trial period.However, they continue to bill my credit card for the service in spite of the confirmed cancellation.Has anyone else had any issues like this with them?
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23 December 2024 | 7 replies
Hi Randall-Congratulations on buying a rental property well back in 2020.I am sorry to hear the property is now cashflow negative $200 a month.Your question is should you sell or continue to keep it with the negative cashflow.Depends on your personal goals and if being negative $200 a month plus any unexpected repairs or vacancies is affordable to you, but if you can solve the negative cashflow by turning the property into a furnished mid-term rental, for example, your future self may thank you.To Your Success!
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29 December 2024 | 11 replies
If the rules change then sell or use for a long term rental because the home values continue to rise.
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7 January 2025 | 16 replies
Some towns require a nightly online form to be filled out for any non-residents who are parking their cars (this is easily automated from an operational standpoint).As the MTR market becomes saturated over time, those who have separated themselves from the rest of the "competition" will continue to perform well by having an outstanding listing and all the MTR-specific amenities.
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8 January 2025 | 27 replies
Hi there - North Carolina continuing education provider and broker in charge here.
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25 December 2024 | 5 replies
I continued paying what I had paid before, with the additional money purely going to principal.The recast to a lower amount was purely to reduce my committed monthly payment to a point that I could get my property to cash flow if I had to move out (job loss, etc).
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2 January 2025 | 30 replies
I think OTA competition encourages the OTAs to pay for guest damages.i continue to advocate for being listed on multiple OTAs.Best wishes
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7 January 2025 | 27 replies
I did ask that Dmitri send me some example properties that had already been sold or more information that I could use to continue my research.
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23 December 2024 | 4 replies
So talk to your bank and insurer before continuing.