
18 December 2024 | 9 replies
3.Draft a written agreement where the property owner retains full ownership of all guest funds (nightly rates, cleaning fees, and taxes), while the cohost invoices for management fees and reimbursable expenses?

18 December 2024 | 5 replies
3) It's been 5+ years since we've seen a S8 tenant lose their voucher for property damages, not paying their portion of the rent or utilities, or other lease violations (letting others move in with them).It's our opinion that #2 & #3 above are caused by overworked caseworkers not having the time to process the extra required paperwork, so they take the path of least resistance.4) S8 needs someone at the federal level to put more of the program online and streamline the process!

19 December 2024 | 8 replies
(as permitted by my engineer) My permits are good for 18months.I am working with a builder that thinks we can do the 20x24 cabins for 100k each. so that's 600k plus another 200k for site work.i think the cabins will fetch 225 a night. however lets use 125 @ 50% occupancy. that's 22k x 6.

19 December 2024 | 5 replies
For something more robust, tools like Excel or online calculators from financial planning sites might better suit your needs.Your ROI Formula:ROI = (Net Cash Flow ÷ Total Out-of-Pocket Investment) × 100For your scenario:Net Cash Flow = Annual Rental Income - (Mortgage Payment + 401k Loan Payment + Other Expenses)Total Out-of-Pocket Investment = $40,000 cash + $50,000 loan payments over 5 years.I came across a piece in Bloomberg recently discussing creative financing, and they touched on ROI calculations for multiple loans.Personal anecdote: A buddy of mine leveraged a 401k loan for a fourplex.

21 December 2024 | 8 replies
Do i t to build your online presence, reputation and credibility as a business.

17 December 2024 | 7 replies
I started my domain over 10 years ago when people first started going online trying to buy fixer upper houses.

14 December 2024 | 0 replies
Last night, I heard an inspiring story about a mom who brought her young kids along for a 45-minute drive to tour an investment property.

27 December 2024 | 34 replies
Poke around online to see if any of those organizations are in the area.Thanksgiving through the end of January is the absolute slowest time of year for leasing properties.

17 December 2024 | 19 replies
Certain blocks are worse than others but just don't go there at night.

18 December 2024 | 3 replies
If you choose an online program, ask how much access you have to the coach.