Hayden B.
Leveraging existing properties
28 January 2024 | 4 replies
Appraised at 505k, the HOA fee is outrageous and I have a great property manager but she isn't cheap and I am cash flowing around $2000 a month.
Ana Franchi
Can you have two loans at ones?
28 January 2024 | 9 replies
But they have condo fees and can be poorly run.
Sudeep Mathew
Buying from the builder Directly vs with an Agent
26 January 2024 | 3 replies
You pay for it regardless, it is factored into the total price.
Persephanie A.
Turning primary residence to short term rental - Military move abroad - CPA needed
28 January 2024 | 5 replies
To help you in your search: be sure to find an accountant that is willing to grow with you, and is not too high priced fee wise.
Kevin Ramos
HOA voting to ban MTR
26 January 2024 | 28 replies
A big factor in these restrictions is that FHA guidelines for condos specify that a certain percentage of the units must be “owner occupied” to qualify for FHA financing.
Kingston Yi
Seasonal Pricing Strategy's on Airbnb - How to price & when!
25 January 2024 | 2 replies
Most airbnb locations have their highs & lows, what do you do to keep a consistent occupancy rate during low seasons and how much is pricing a factor?
Angie Briggs
Deciding on what market to invest in….
26 January 2024 | 52 replies
Our HOA fee is increasing to $290 a month.
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.
Sam Va
Late Fees & Check Bounce Fees
23 January 2024 | 1 reply
Do we need to show late fees, check bounce fee etc as earning?
Charles Clark
Can a landlord charge application fee in Wisconsin?
24 January 2024 | 3 replies
Can A Landlord Charge an Application Fee To A Prospective Tenant In Wisconsin?