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8 March 2024 | 4 replies
If the in-place rents generate don't generate enough cashflow to cover your debt service, you'll want to plan to bring additional equity to the deal to cover the shortfalls.
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8 March 2024 | 11 replies
Their service costs a little money, but you have access to plenty of different templates to choose from.Hope this helps!
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9 March 2024 | 8 replies
Any and all comments would be greatly appreciated.Please see Image below:The above is the Turnover Management Process and is the Standard timeline for basic turnover services for a Property Management Company.My main concern is the time it takes to turnover a property.
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7 March 2024 | 17 replies
Most of my clients look into areas like Old North, Old Town East/King Lincoln Bronze Ville, Merion Village, Driving Park, North Linden, Hungarian Village, Bexley, and North Hilltop.
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9 March 2024 | 26 replies
A client of mine converted their garage to an STR for $50K and NET $50K annum in SJ.
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8 March 2024 | 13 replies
Include this in your sales pitch when reaching out.3) Offer STR services to build up cash and get your foot in the door...Cleaning, eyes on the property, landscaping, running to the store, small tasks such as a mail collection/trash day, offer a STR experience such as setting up for bachelor/bachelorette parties or grocery runs, etc...I think there's a missed opportunity with service based businesses and STRs.
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9 March 2024 | 9 replies
...after you take out the debt service, capex, and vacancy, what are you left with?
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7 March 2024 | 11 replies
They are used to their clients paying market value, which an investor should rarely do.Of course, you should NOT expect any of this for free!
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8 March 2024 | 6 replies
Recommend that you get a servicer to service the loan for you.
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8 March 2024 | 5 replies
I recommend shopping around though, as you will find very different prices for those services.