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26 December 2024 | 4 replies
This means a new buyer must either already have an account, or must start one and the property starts over with no reviews, etc.
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30 December 2024 | 24 replies
The reason for this is there is certainly a lot of heavy lifting of resources required by a property management team to bring on a new resident including rent collection, setting proper expectations, accounting and building a positive relationship in the first month.As far as the quick re-rent of your home, I was hoping that would be something in which you'd see the value of working with us.
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29 December 2024 | 10 replies
I would just take into account that a lower down payment will mean a higher monthly payment so be sure to run the numbers conservatively in order to ensure your STR revenue is able to carry your monthly payment with this higher mortgage cost.
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3 January 2025 | 45 replies
If it’s at or near 70% we dig into the full cost model that accounts for financing costs (hard money and GAP), acquisition costs, holding costs and selling costs.
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28 December 2024 | 1 reply
This fosters a top-down management approach that ensures accountability and efficiency throughout the property.As I've earned from my own experiences, the difference between a good operator and a poor one lies in effective asset management.
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24 December 2024 | 14 replies
@Tar-U-Way BrightYou can use the LLC to set up business bank accounts and business credit cards.
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31 December 2024 | 66 replies
Would you take an escrow account with a deposit?
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28 December 2024 | 6 replies
Quote from @Kaaren Hall: @Jonathan Chan our account holders invest as lenders as well.
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15 December 2024 | 25 replies
We have a partnership entity, so it has to file separately and needs balance sheet accounting.
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6 January 2025 | 25 replies
To replace your income you need to flip a lot of houses, I'd do the math with an average 10-15% profit margin, because you have to account for some turds.The other opportunity is to change your job and take out the element that you hate.