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29 April 2024 | 9 replies
95% occupied sorryPersonally I don't count the POH rent towards the NOI because my lenders won't either.30 occupied at $450 = $162,000 gross incomeAssuming a 40% expense ration your NOI would be $97,200If you wanted to buy at a 9 cap you'd be at $1,080,000Definitely check my math but I'd try to pay around $1 million for this.
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29 April 2024 | 2 replies
Check to see if your old LLC is even still active on the state's roster.I know where I used to have mine (MA), it would be "administratively closed", i.e. dissolved, if you didn't file your annual reports and other paperwork timely.
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28 April 2024 | 3 replies
Are there standard co hosting agreements?
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29 April 2024 | 8 replies
I would check out some local meetups and meet with as many investors as I can.
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28 April 2024 | 1 reply
My property would rent out for a standard long term rate of $2300-2500 a month.
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30 April 2024 | 22 replies
Most of these syndication, are typically promoting "the STR market" rather than their actual track record.The moment I clicked "View more details" of their holding , I can see their future booking.My respond was ............ nahhhh, my STR is performing way better for them.You could forecast their revenue by checking future booking.
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29 April 2024 | 6 replies
Hey Guys,please check out my guide I posted:https://www.biggerpockets.com/forums/899/topics/1186145-the-...
29 April 2024 | 248 replies
Calvin, you may wanna google some of this, ya know, just double check comprehension, just sayin.
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27 April 2024 | 2 replies
She mentioned she may be late on next rent check, and I'm frankly not sure why, but I said yea of course no problem.
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29 April 2024 | 4 replies
Do you check Landlord references?