
7 September 2018 | 0 replies
I bought a time share in the Berkshires (MA) back in 2014, I never use it (I prefer airbnb) and now I'm stuck paying the maintenance fees.

7 September 2018 | 3 replies
I would take a look at your management agreement there may be a termination clause and possibly termination fee I would also take a look and see if there is a 30 day notice required I think probably something in writing should be sufficient but again verified by looking at your contract

7 September 2018 | 1 reply
They should pretty much be there to pay their app fee and if approved (credit, income, background), sign the lease.

12 September 2018 | 8 replies
There are quite a bit of 3rd party sites and agencies that will list your property for short term for a percentage/referral fee which will be helpful as you get started.

7 January 2022 | 47 replies
Some states are more tenant friendly and others the laws more favor the landlords.There are various websites for a smaller fee where you ask lawyers questions etc.

13 November 2018 | 29 replies
., combined pool for downpayment, rehab, professional services, etc.).On that note, I'd assumed I would use leverage and have estimated 25% down, but I'm open to interesting cash plays.I 100% insist on using property management, and all of my planning includes that cost.Ideally I'd like to hit ~8+% cash-on-cash return after all is said and done (taxes, payments, repairs, insurance, PM fees, capex, professional services, estimated cost of vacancy and turnover, etc.).

19 January 2021 | 116 replies
I was responding to the gentlemen that said he would like something to use in Hawaii.. you can buy weeks in Hawaii on the secondary market for as little at 1 to 2k for a week.. then annual fee is like 400 to 600.. so if you score the right ones.. could be a cheap way to have a place there to go to when you want..

7 September 2018 | 4 replies
However, if you can get $1100 SFL for $75K, I think that's still a good deal.Also, one thing i noticed that these calculators are missing are if you are using a PM (which it looks like you are), they charge a placement fee, which should def be incorporated into the numbers.

7 September 2018 | 2 replies
o who gets fines, fees and the cost to move it back to two?

6 May 2020 | 28 replies
I'm pretty new to BP as well :) Keep in mind that some Big White properties can have ridiculous strata fees for a two bedroom condo ($700+/mo).