28 October 2018 | 5 replies
If you have other repairs, it might even go negative .
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29 October 2018 | 2 replies
Your repair budget looks weird, you have money for exterior siding, painting, garage, etc. and this is a condo.Initial closing costs of $450 seems low?
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28 October 2018 | 6 replies
He said to the renters "do all the repairs and once I am dead, the house will be deeded to you" yes...true story.
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29 October 2018 | 8 replies
But you definitely shouldn’t be using an llc to pay for repairs on your personal residence or any other property you own personally.
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31 October 2018 | 5 replies
For example, on the after repair value section of the calculator and the estimated repair costs, how do I find out what the typical costs are for a particular market (I know they vary from place to place from what I've been reading)?
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3 November 2018 | 4 replies
Last, but not least, you might have to hire a real estate attorney to assist you.
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4 November 2018 | 15 replies
At this point, I don't want to keep digging in our heels and possibly have her threaten us with legal action or "withhold rent for repairs," etc.
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13 November 2018 | 6 replies
Plus he wouldn't have to do little sweaky repairs to make it look spotless to a potential buyer.
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1 November 2018 | 6 replies
Something to keep in mind with STR, that's tied to why REI is a smart game to play - control is the name of the game.You want to control the guests and rates (vet them in hopes of avoiding property damage, set rates to attract those willing to pay more for quality)You want to control the costs (furnishings, consumables, cleaning/repair/plumbing/electrical)You want to control the property (choice of property, location, financing terms, well or city water, septic or city sewer, etc)This is all going to be very hard to do, if not impossible, if you don't OWN THE PROPERTY.