Bruce Woodruff
Anyone noticing the VRBO ads?
30 January 2024 | 9 replies
I have like Airb&b much better but their customer service for tweaking a listing could be better.
Maxim Son
Investor in ATX: looking for team, fellow investors, innovative strategies
30 January 2024 | 19 replies
Looking to connect with local community members who have high standards and great work ethic so we can learn, build partnerships and make some money together :) - fellow investors to exchange knowledge, partner on deals, etc (both local and out of state)- investor friendly lenders who can provide holistic service across different loan types- investor friendly real estate agents that I can partner with (mainly on acquisition)- serious wholesalers with solid deals- GCs, trades people, builders of new homes and ADUs- inspectorsI am early in the journey and considering a number of strategies, would love to learn what has or has not worked in the past, and maybe even create some new playbooks together in this ever-changing market.cheers,Max
Jack B.
Anyone have any luck with Furnishedfinder?
28 January 2024 | 10 replies
Then they come here and want an entire place to themselves, furnished, on a short term lease and on a lake with AC, etc for the price of a car rental....An entire house on my lake rents for 6K a month...I think a lot of these travel nurses can't afford expensive markets or just don't want to pay.
Kayla Prange
Anyone willing to give me a reality check in either direction? STR first timer.
29 January 2024 | 31 replies
Our strategy has worked and it does well to fairly well covering the mortgage each month.I service the unit and collect the mileage deduction for taxes.
Sean Poggi
Charging Tenants for Pet Deposit?
29 January 2024 | 9 replies
Or you can limit it to small breeds, etc.The only pets that you must take are Service Animals... and some legit ESAs.
Sia Ben-Jusu
House Hacking in 2024
29 January 2024 | 8 replies
To monitor changes in your credit score, think about signing up for a reliable credit monitoring service.6.
James McGovern
Is it illegal to not rent to Prostitutes?
29 January 2024 | 2 replies
Is it illegal to not rent to Prostitutes especially if the tenant screening service shows demonstrable income on a consistent basis?
Tim Aiken
Working toward improving my knowledge of Real Estate
29 January 2024 | 5 replies
This will not only help you keep your finances organized but also establish credibility with potential partners and clients.2.Utilize Tools and Technology:Equip your REI business with essential tools such as a Customer Relationship Management (CRM) system, Multiple Listing Service (MLS) access or real estate software suites, a professional website, digital business cards, and a Facebook business account.
Michael Gangemi
Group consensus on a deal
31 January 2024 | 26 replies
We use Action Pest Control, Melissa Carey and we are happy with their service.
Brady Tome
Multi-Family Deal Analyzer
27 January 2024 | 10 replies
There are free tools online everywhere, but basically you want to do the following:Gross Potential IncomeLess Vacancy= Gross IncomeSubtract the following expenses:Real Estate TaxesHazard InsuranceLiability InsuranceMaintenance (yes, even if you plan to DIY)SuppliesProperty Management (yes, even if you plan to DIY)UtilitiesLawncare/Snow removalLegal Costs (evictions, LLC formation/maintenance)Bad Debt (non-paying residents)City Occupancy LicensesPayment processing fees (for debit/credit cards)This will get your Net Operating Income.Then subtract debt service. 1st mortgage2nd mortgage (if applies)Line of Credit (if applies)This leaves you your free cash flow.