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31 March 2024 | 4 replies
The year I bought the house the inflation rate was 9.1% (I didn't count that year as I didn't own the property for the full year.)
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31 March 2024 | 29 replies
Managing an STR a very hands-on 24/7 job if properly managed with a decent occupancy rate.
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31 March 2024 | 23 replies
Tell me how often you have to file for an eviction.I didn't ask to negotiate the monthly fee, and never have since day one - as long as they provide me excellent service, I am happy to pay their requested rate.
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1 April 2024 | 10 replies
I recently set up an LLC to manage and eventually take ownership of the property as soon as possible but I am assuming my lender will not allow that without refinancing with a higher down payment/interest rate.
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31 March 2024 | 7 replies
CAP rate (how many real actual dollars you put in your pocket every year) and wholesale (value of the property and wholesale value of the trailers).
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1 April 2024 | 59 replies
For long term I have less to manage but at the nightly rate and high occupancy the numbers sound way better.
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1 April 2024 | 20 replies
I cannot speak for Cleveland, Columbus or Kansas City as I do not know the rental rates in those markets.
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1 April 2024 | 8 replies
I check the SEC, FINRA, ratings websites for inside information on the principals in the company.
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30 March 2024 | 2 replies
Investment Strategy:Buy and HoldInvesting herebecause: Potential to Appreciate in Long Term (10yrs+), want to build NetWorth, Affordable in my budgetYear 1 Evaluation: Gross Monthly Rental Income = $2,042.50 Monthly Cashflow = -$76.05 GRM = 12.79 Cap Rate = 5.12% CoC ROI = -1.11%Hoping that theinterest rates go down so that the monthly cashflow becomes +ve.