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1 December 2022 | 12 replies
"Reality TV" is not reality in most casesHost: "Your pipes are shot and leaking and there is mold everywhere in the walls this is TOTALLY going to blow your budget"<comes out of commercial>Owner: "Well after the $125 to re-do the pipes for our entire home and $25 for whole home mold remediation our budget was stretched really tight but I think we can sacrifice the vase in the guest room and still make it"
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1 August 2021 | 22 replies
and held on to their reserves of cash, silver, and gold.Speaking of gold, though, the 1849 Gold Rush put more of this into circulation, which again drove up housing prices and caused yet another bubble.
10 July 2014 | 4 replies
I need to check their status on where they are at.
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24 July 2017 | 2 replies
In our STR business, we often need to transfer money to/from guests fast, free, reliable, easy.
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6 December 2022 | 1 reply
Hotel To Condotel LoanProperty Status Rehab Mode Approx 50% Of Units CompletedCurrent Purchase Price $7 million$7 million/130=$53,846 per unit purchase priceNearby Rental Income Per Unit Is $1,280 per month$1,280x130=$166,400 Gross Monthly IncomeGross Yearly Income Is $1,996,800Gross Income Over Life of Loan With No Rate Increases $59,904,0008.5% LTV $59,904,000/130=$460,800/360=$1,280Average Daily Rental Income Amount Insured $43.64 Loan Amount: (75% of $7 million) $5,250,000 Loan Interest Rate: 7 % Loan Term: 30 years Monthly Principal: $14,583.33 Yearly Principal $175,000.00 Monthly Interest: $30,625.00 Yearly Interest $367,500.00 Monthly Tax Amount $7,583 (130x700) Yearly Tax $ 91,000.00 Number of Payments: 360 P/I Cumulative Payments: Yearly $542,500 Lifetime of Loan: $16,275,000 Total Interest Paid: $11,010,000 Use of Funds: $1,250,000 million to investor/owner$ 4 million used to cover monthly expenses for 48 months while conversion is completed
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17 May 2020 | 19 replies
Note also that the governor can extend the moratorium for 90 days, so make sure to check the current status before you issue a notice to quit.Good luck,David
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29 November 2022 | 5 replies
Review the rental agreement, guest instructions, marketing, furnishings, pricing, etc.
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23 November 2022 | 39 replies
Today mine went to batched but my landlord says his portal says processed. So should we see some funds soon ? We both participated with everything they needed . Kinda went fast once my landlord created his account . C...
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23 August 2020 | 18 replies
The K-1 statement you are referring to is for partnerships.I am GUESSING because of the disregarded entity status and the MFJ, from the Fed's point of view, the property never changed hands.
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16 November 2015 | 1 reply
I know the grading of the neighborhoods isn't an exact science but I'm trying to get some examples of "gold standards" in each class to help me focus my efforts and develop a better understanding of the nuances of my target areas.