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27 September 2024 | 1 reply
🎉 I remember when I was starting out in real estate, feeling a mix of excitement and nerves.
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27 September 2024 | 1 reply
The closing cost and associated fees often add up in these transactions.In the examples that I saw … Essentially there may be a mix of private/creative/bank money to get the asset initially.
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27 September 2024 | 9 replies
Perhaps, hiring a local co-host (or even a boutique manager) who is passionate about your property’s brand might be the sweet spot.PS: One interesting fact—Evolve’s 10% fee often excludes local vendor costs like cleaning, which can add up to an additional 10-15% of revenue.
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1 October 2024 | 37 replies
Would also recommend getting a business checking account and credit card so that your personal expenses aren't mixed in with rental property income/expenses.
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26 September 2024 | 2 replies
A mix of commercial and residential topics is fine.Â
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27 September 2024 | 6 replies
I have heard mixed responses on whether to charge both first and last month’s rent and a security deposit, or just first or last month’s rent and security deposit.
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27 September 2024 | 11 replies
HOWEVER, I'm reading a lot of mixed reviews on whether I'll be able to put the property in an Ohio LLC (we won't be the primary owners of the LLC, since it will be owned by the Holding LLC.
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26 September 2024 | 3 replies
Miss one, and you might just find yourself drowning in delays or worse and kissing that sweet deal goodbye.Another checkpoint on our journey: third-party inspections.
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26 September 2024 | 3 replies
No - "DSCR Loans"Â are for residential investment properties only (with only a very minor exception for small mixed use properties that are majority residential in nature in every way)
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27 September 2024 | 13 replies
If mixed in with your deposits and reserve funds, you may accidentally spend money you shouldn't have.