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22 May 2024 | 17 replies
There is some accounting included, like owner statements and keeping track of all the important numbers for a STR property...i.e. occupancy, revenue, RevPAR, etc.As for guidebooks I highly recommend going on Etsy and finding templates for hard copies and templates for a digital copy.
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21 May 2024 | 5 replies
If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.
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20 May 2024 | 6 replies
This locks in your monthly expenses, versus HELOC that is variable, and matches well to the long term hold of the rental.I use HELOCs for shorter term capital needs, i.e. flips, or even possibly the acquisition and renovation of a rental, but always with the belief that I will have it paid off in under a year, typically 6 months.
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22 May 2024 | 4 replies
We usually don't analyze residential properties (1-4) with Cap Rate...but your price points are quite high, so maybe those are 5+ units?...
22 May 2024 | 18 replies
Lots of lenders are pulling back on the refinances because of some markets declining and rates being so high.
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21 May 2024 | 10 replies
@Juan VargasCredit card stacking is an easy to to ruin your credit and go into massive consumer debt at an extremely high interest rate.
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22 May 2024 | 2 replies
High rental demand so good tenants.
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22 May 2024 | 8 replies
Note* Cypress fencing is no longer available since the Wuhan Flu outbreak.Currently, these scrub trees growing taller exceeding my boundary just feet from the rear of my pool cage.The side neighbor (rental house) has a large oak tree towering high with branches exceeding my fence and rapidly reaching for the pool area.
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21 May 2024 | 4 replies
It's a very competative segment as it is highly sought after for the same reasons you are looking at it.
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23 May 2024 | 11 replies
That way I don't get stuck with the high PGE rates.