
20 May 2022 | 45 replies
They might get there if more markets start to implement this kind of limitation through STR regulations but I don't anticipate it being a top priority for the software companies.

31 January 2023 | 36 replies
There are lots of great options - but it just comes down to finding the ones that work within the numbers and strategy you are looking to implement.

28 June 2023 | 9 replies
You can use Schlage locks that have programmable codes and a key for backup.

5 February 2021 | 99 replies
and start implementing with that limited knowledge because you don't want to jump in without knowing anything and at the same time, you want to gain more experience.

5 March 2021 | 28 replies
Using this technique, someone can daisy-chain succeeding 1031 passive investment together and implement a "defer, defer and die" strategy where they defer paying taxes forever.

2 May 2023 | 14 replies
You left out "while holding YOU , the landlord, strictly to the letter of your lease with the tenant (s)" i.e. 24 hours notice to enter, timely repairs, any maintenance/pest control agreements you had in place, etc.Yes, I may have left out those horrible details, but I will never forget that, and those that implemented that nonsense.

27 September 2023 | 3 replies
I would implement both a Non-Disclosure Agreement (NDA) and a Non-Circumvention Agreement.

21 August 2020 | 15 replies
--OFFER SPECIFICS Listing price = $230,000Potential Offer = $175,000Expected renovation costs = $60,000 (includes a small contingency buffer)ARV = $310,000 (this is a conservative estimate and could be closer to $325,000 or higher depending on eventual rehab level)--INCOME 3 Bedrooms = $1,700/month 2 Bedrooms = $1,300/month (1) 2 Car Garage = $0 (This could rent for $150-250/month, but I wanted to be conservative and exclude it in case it is not rented out for the entire year).Minus vacancy (8.3%) = $250/monthGROSS INCOME = $2,750/month or $33,000/year--EXPENSES Taxes = $810/monthInsurance = $110/monthUtilities = $0 (I would be implementing RUBS for the non-metered utilities)Landscaping/Other = $85/month Capex (7.2%) = $200/month Repairs (7.2%) = $200/monthPM (8%) = $220/month (we will be self-managing)TOTAL EXPENSES = approx. $1,625/monthNOI = $1,125-- ORIGINAL MORTGAGE I understand some of you may be skeptical about these terms, but I have spoken to a particular portfolio lender who is willing to offer me these terms (original mortgage and refi)Finance Amount (75% LTV) = $131,250Down payment (25%) = $43,750Mortgage Payment (4.95% interest rate with 30-year amortization) = $701/monthClosing Costs: $0 (My offer will be contingent on a seller concession of 3% for closing fees)Holding Costs: $5,000 TOTAL CASH OUTLAY: $108,750NEW MORTGAGE (same bank: I have confirmed these terms)Finance Amount (70%) = $217,000 (based of ARV of $310,000)Down payment (30%) = $93,000Mortgage Payment = $1,080 (I can secure a 4.35% interest rate with a 30-year amortization if I pay 3 points at closing)Closing Costs: $10,000NEW CASH OUTLAY: $118,750CASH OUT REFI: $85,750CASH LEFT IN THE DEAL: $33,000 (What does everyone think about this?

26 October 2021 | 3 replies
I recently obtained my Masters in Business Analytics and love implementing my skills to help find better properties.

6 June 2020 | 6 replies
He stated " We are here to assure to the tenants safety is being looked after by the landlords" Pass reputations of previous landlords who came through have left a sour taste on the cities mouth forcing them to take action and implement more strict measures.