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22 April 2024 | 1 reply
I have to decide if I go with them to Real (including my team leader, she is already at Real), or move to another eXp office.
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23 April 2024 | 7 replies
Almost everyone here on BP will tell you that they wish they had started earlier, myself included.4.
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20 April 2024 | 2 replies
Long story short, we have gone through 2 pms and I think I am ready to just self-manage.
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24 April 2024 | 15 replies
Other key strategies may include finding homes with a lake or forest view, or near the clubhouse, south- or west-facing pool, the list goes on.Happy to chat about some ideas and learn more!
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22 April 2024 | 7 replies
I would rather charge market rent per night and people see that and then add the market cleaning fee.Otherwise if you raise the rate to include Cleaning fees and someone stays a week, they are paying too much for the cleaning fee equivalent and this will make you look overpriced.
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22 April 2024 | 6 replies
I would include extensions in this offer but they would have fees attached to it.that is how i would approach it.
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23 April 2024 | 9 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.
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23 April 2024 | 5 replies
For most of us - the GC that will 100% meet all the requirements including Work Comp certificates covering every person on the job site throughout the entire scope of the project is often too expensive to make a project work.
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23 April 2024 | 15 replies
Almost everyone here on BP will tell you that they wish they had started earlier, myself included.4.
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24 April 2024 | 40 replies
We have 15 long term rentals and 1 str and the premium is $1,903/year total for all of the properties including our primary.