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5 June 2024 | 15 replies
That just means you will use the listing agent as your agent and still pay a fee unless they have no fee on the buyer side.2.
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7 June 2024 | 10 replies
Is it worth paying the fees for each stay and getting a long term renter or is it better to keep the reservations?
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8 June 2024 | 21 replies
Add property management fees of $150 and maintenance/repairs at $100.With expenses totaling $1100 monthly, the net income would be $400 per month, or $4800 annually.
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4 June 2024 | 5 replies
That's not cashflow, that's raising investor capital to return investor capital and charging a fee in between.2) Claiming a low basis of $132k/unit while loading the deal with so many fees and reserves needed to make it not an immediate foreclosure, that the all-in basis is actually $193,952.
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6 June 2024 | 3 replies
just be cautious when it comes to using these. ensure you've got a plan to pay that balance back in a relatively quick fashion as most HELOC rates can fluctuate which could make the numbers suddenly not work. i've leveraged mine in instances where i'm doing a BRRR and i want the deposit for a private money loan. i'm not using it as my downpayment and leaving it out there for a long period of time.
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5 June 2024 | 116 replies
And, don't forget on WS there is a fee removed from that dividend so one giving say 7% dividend rate may take 1.2% of that, making what one actually get's <6%.
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7 June 2024 | 7 replies
Both charge a fee for tenant screening but only if there is a problem would the owners call me to help get it fixed, they also accept the rent payments directly from tenant.
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6 June 2024 | 6 replies
I'd recommend researching areas to see that they have:- Low unemployment- High demand for housing - relatively low inventory- local job creation/booming local economy- high avg/median income- increasing population- low average days-on-market (DOM)- history of rent and property value increases YOY- low crime- highly-rated schools (or above average)I'd compare the target neighborhood to surrounding neighborhoods and/or nearest metro areas.
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6 June 2024 | 2 replies
Depending on the codes you may have to install tie downs (that might be included in your set up fee from the mover).
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6 June 2024 | 5 replies
They're doing well enough to give up 20%-30% of gross and all of the cleaning fees?