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13 August 2024 | 4 replies
You can include your tenants in this by explaining your market rent findings, rising costs, and giving the tenants an option to suggest a fair rent increase.
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10 August 2024 | 8 replies
Here is what I proposed:Setup fees : Administration Setup:One Time Fee: $400Guidebook: Using professional photos give the guests a professional tour of the house and how the home works (Wifi passwords // How to use grill // How to use propane fireplace // Hot tub instructions // Sauna instructions //Check in and check out instructions //where extras may be storedOTA (Online Travel Agency) setups: taking professional photos and actively updating your listing on popular platforms;PMS (Property Management System) Setup Smart Pricing Set upWebsite integrationOther (furniture arrangement / design / décor shopping and set up) $50 per hour· Placement fees · Marketing Cost: Variable depending on needs/wants for marketingFacebook AdsGoogle Ads Cleaners: Set up procedures/take pics of expectations· Management fee—30%Guest communicationCleaner communicationSetting Rental rateDealing with small maintenance issuesBooking CoordinationSmart Lock integrationKeeping supplies stocked (TP, paper towel, all cleaning products, coffee, filters, creamer, sugars, teas,)(Receipts would be submitted on a monthly basis for either reimbursement or book keeping purposes)Encouraging guests to leave good reviews by periodically checking in, providing a review template, and ensuring guests receive the amenities they are looking forContinued marketingMajor Maintenance fees—OwnerCleaning and laundry services fees: Cleaning fee to the guest depending on how cleaner wants to charge
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9 August 2024 | 16 replies
It rents for $2,100 today, and in 15 years it will be fully paid for and renting for over $4,000 a month.
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9 August 2024 | 14 replies
Other dscr refis put me at a higher monthly.Appraised Value $700,000.00Sales Price $680,000.00Loan Amount $544,000.00Payment $3,966.67TERMSTue In 480Interest Rate 8.750 % Interest Only Months 120Total Payment (PITI) $4,832.78APR % 9.065 % Margin % Index % Floor RateFloor VerbiageConvertible: NoPREPAY: YES1.
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9 August 2024 | 0 replies
In today's dollar terms if we bring in $10K/month with real-estate cash-flow that would make us financially independent.Current real-estate portfolio: - Own 4 properties, mostly duplexes in the state of Oklahoma
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14 August 2024 | 12 replies
Considering we dont do a great job of monthly sitting down and cleaning up our books.
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11 August 2024 | 0 replies
I work with CSSI who are the nation's premier engineer-based cost segregation firm with over 45k is completed studies.
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12 August 2024 | 6 replies
The market is getting squeezed a bit, alot of loans are coming due in a few months in the multifamily market so im expecting to see alot of units hit the market when they cant get another loan and cashflow them.
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11 August 2024 | 5 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!
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11 August 2024 | 3 replies
Boxabl acknowledges SEC inquiry in updated filing | Business Insider India its a double whammy start up and trying to sell in a very tough interest rate environment. along with inflation and cost of components to the point their 50k to 60k box probably cost them quite a bit more to produce than what they were going to sell it for.