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15 March 2024 | 0 replies
High level...the average commission rate is going down, the quantity of brokers (and brokerages) are going to be reduced.
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16 March 2024 | 16 replies
Some cities require the STR permit number in the title or very top of the OTA listing so city permit technicians can scan and keep track otherwise the owner will be contacted and fined for forgetting or shut down if operating illegally.Some cities have a 24/7 STR hotline dedicated to receiving any complaints (from neighbors, HOA) for a code compliance officer to act onSome cities issue expensive fines for those operating without the STR permit
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16 March 2024 | 5 replies
The cashflow goes up every year as the mortgage is a fixed expense but rent increases at least with inflation and much faster in certain areas.
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15 March 2024 | 4 replies
Prefer buying in St Louis, Jefferson, or St Charles in desired average grade residential neighborhoods Any help is greatly appreciated!
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16 March 2024 | 12 replies
will add it to my template response for why house hacking is better, why it works in expensive markets, and how the goal is not to 'cash flow.'
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15 March 2024 | 9 replies
The same as interest expense and amortization impact cash flow but not NOI.
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15 March 2024 | 4 replies
We like parks with lot rent that is on the lower side of average.4) Most parks have a process for approving your tenants.Further, we own a Park and do allow investors to rent out their homes (we have 2 currently).
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15 March 2024 | 0 replies
It’s under $500 so not an extreme expense but I argue that it falls under the NNN maintenance purview, responsibility of the tenant.
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15 March 2024 | 2 replies
Property management was too expensive so I've been managing it myself with family assistance.
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15 March 2024 | 8 replies
We are looking to add solar panels to our primary home, I’m curious to know about when one goes to resell their home if this adds value and if anyone can speak to an average on how much?