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25 June 2024 | 0 replies
Partnering with Tracy McQuire provided valuable local insights, making this an attractive and strategic investment for Partner Driven.
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26 June 2024 | 5 replies
You could tell her to give 30 days' notice and pay the penalty to break the lease (assuming it is not domestic violence as there are local laws around leases in that instance), but that he has to be on board as they both have to be out.
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25 June 2024 | 0 replies
Partnering with Mike & Laurie provided valuable local insights, making this an attractive and strategic investment for Partner Driven.
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25 June 2024 | 1 reply
Property Taxes: These are local taxes levied by the county or municipality on real estate.
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26 June 2024 | 8 replies
There is a robust community here in town though for STR/MTR - I highly recommend connecting with the meetups and the locals that are STR experts!
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25 June 2024 | 2 replies
:-) Outside the US I use the Corelogic calculator because our local insurance companies provide a no-frill version for free.
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25 June 2024 | 0 replies
Partnering with Seth Choate provided valuable local insights, making this an attractive and strategic investment for Partner Driven.
24 June 2024 | 3 replies
The 50% rule states that approximately 50% of EGI will typically be consumed by operating expenses.While the 50% rule provides a quick estimate, actual expenses can vary widely depending on the property type, location, age, condition, tenant mix, and market conditions.Here's an example: if a property generates $200,000 in EGI per year, the 50% rule suggests $100,000 would go towards operating expenses like taxes, insurance, utilities, and property management.
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24 June 2024 | 3 replies
Purchase price: $1,870,000 Cash invested: $300,000Offering a sliver of ocean view from upstairs, plus an ideal setting conveniently close to the area's most popular shops and restaurants, there's plenty to love in this location.