
11 August 2024 | 16 replies
I hope to never sell this cabin (nor likely any of my others), as they are providing a lifetime stream of income, a place to vacation, and will do the same for my kids and their kids one day.

10 August 2024 | 13 replies
Another avenue is portfolio loans, tailored for those with multiple properties.

10 August 2024 | 8 replies
Here is what I proposed:Setup fees : Administration Setup:One Time Fee: $400Guidebook: Using professional photos give the guests a professional tour of the house and how the home works (Wifi passwords // How to use grill // How to use propane fireplace // Hot tub instructions // Sauna instructions //Check in and check out instructions //where extras may be storedOTA (Online Travel Agency) setups: taking professional photos and actively updating your listing on popular platforms;PMS (Property Management System) Setup Smart Pricing Set upWebsite integrationOther (furniture arrangement / design / décor shopping and set up) $50 per hour· Placement fees · Marketing Cost: Variable depending on needs/wants for marketingFacebook AdsGoogle Ads Cleaners: Set up procedures/take pics of expectations· Management fee—30%Guest communicationCleaner communicationSetting Rental rateDealing with small maintenance issuesBooking CoordinationSmart Lock integrationKeeping supplies stocked (TP, paper towel, all cleaning products, coffee, filters, creamer, sugars, teas,)(Receipts would be submitted on a monthly basis for either reimbursement or book keeping purposes)Encouraging guests to leave good reviews by periodically checking in, providing a review template, and ensuring guests receive the amenities they are looking forContinued marketingMajor Maintenance fees—OwnerCleaning and laundry services fees: Cleaning fee to the guest depending on how cleaner wants to charge

8 August 2024 | 5 replies
We always request prospective residents provide copies of the bank statements where their paychecks are deposited.

11 August 2024 | 99 replies
I listen to BP on my way to work and will provide my rating on my iPad.

10 August 2024 | 2 replies
First off a 10 Unit is commercial not conventional so the qualification requirements are higher and you need to understand the loan parameters.

9 August 2024 | 39 replies
One tactic that is my favorite is making loans out of my SIDRA.

10 August 2024 | 10 replies
That's on a 20 to 25 year term loan.

12 August 2024 | 20 replies
Paying off loans or saving up for an investment property are great ways to set up for the future.

8 August 2024 | 5 replies
My partner and I are starting a loan brokerage in the NYC area.