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23 February 2024 | 3 replies
Here's a summary of what they've offered:- Monthly PM Fee: 8%- Markup Fee: 15% on top of bills for services like fridge setup, applicable to any expense over $300.- Late Fees: They retain 8% of any late fees collected.- Initial Setup Fee: $300.- New Lease Fee: $275, but no fees for lease renewals.- Maintenance: They offer minor maintenance in-house, with the markup fee applying to expenses over $300.Do these terms seem reasonable to you?
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23 February 2024 | 5 replies
The main areas I've been looking at are Maggie valley/Waynesville and Lake Lure.
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23 February 2024 | 2 replies
They are running you through a DSCR (Debt Service Coverage Ratio) program.
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23 February 2024 | 14 replies
We do have a Hendersonville specific CREIA meetup that I host on the last Tuesday of the month at the KW office on Main St in Hendersonville.
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23 February 2024 | 6 replies
I didn't think the application was very user friendly and there is no number to dial for customer service if you get stuck.
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22 February 2024 | 1 reply
I'm looking at investment properties in San Francisco, mainly homes and multi-unit buildings.
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23 February 2024 | 9 replies
I think the best way to separate yourself from your competitors in MTRs and STRs is the level of service your provide and the cleanliness/upkeep of your properties.
23 February 2024 | 2 replies
Generally you can buy at a 6 CAP or so but the debt service is 7% so even if everything goes perfect, you are likely to lose a bit of money each year until the rents continue to appreciate or you refinance.I continue to look for cash flowing property anywhere and it is really hard.
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23 February 2024 | 22 replies
You'd think some brilliant municipal planners would figure out how to structure for diversity (young families) and affordability (for the worker supporting services and the economy) .
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22 February 2024 | 9 replies
What they are looking for mainly is load bearing on that ceiling below.