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15 June 2020 | 5 replies
I guess my question then would be what’s the biggest challenge coordinating with a cleaning service?
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15 August 2021 | 35 replies
Finding cleaning people has been difficult.
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14 September 2020 | 7 replies
Second, you need to consider the rehab level you're planning on: clean & list, light rehab, heavy rehab, remodeling?
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16 July 2020 | 14 replies
Although we've had some good discussions on BP on the whole 'keeping Title in LLC but mortgage under personal name' situation which I can see being pretty clean, in my relatively short time on BP have I seen any actual examples of the corporate veil working.
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26 August 2020 | 17 replies
You want “interest only” and not principal for a portion of the rent up period.13Financing- long-termIf your going to grow, unless you have significant capital at your disposal, find a future business partner.14Business ModelI’ll clean up and post one of my spreadsheets later.15Construction:Use local knowledge/availability16Permits17Building type18Building manufacturer19Contractor20Day to day:21Rental ContractPost a “Topic” on this Forum and ask for some copies sent to you.22Rental RatesZagreb’s GDP per capita is $19,132 versus where I live $60,246 metro area of 1mm.
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6 December 2022 | 6 replies
It could take you a month to find your first renter, then they stop paying after eight months, it takes two months to kick them out, then a month to renovate and find a new renter, and the cleaning and repairs cost $3,000.12 months of mortgage, taxes, insurance = $1,400 x $16,800Total income this first year: $1800 x 8 = $14,400Add four months of lost rent ($7,200) plus cleaning and repairs ($3,000) = $10,200 $14,400 - $27,000 = -$12,600If everything went perfect after this first year with no vacancies, no maintenance, no expenses, it would still take you 31 months to just break even.All investments involve risk, but it's calculated risk.
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1 December 2022 | 10 replies
Cash is not really a problem if it is coming from HK and done by bank transfer.Plano is a nice clean city for the most part, many investors though looking north of there, where there will be new growth.
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27 November 2022 | 4 replies
We charge a much higher rate, a larger deposit, and a mandatory cleaning fee.
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12 December 2022 | 17 replies
Sometimes the "condition" question can be as simple as the home showing clean, good smells, bright light....
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1 December 2022 | 11 replies
We exceed the competition by having very clean properties that operate as expected.