Jason Griffin
Property Managers in Wilmington, DE
24 July 2024 | 6 replies
It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.
Kelly Stanton
DSCR Loan Help
23 July 2024 | 15 replies
Yes - you should be able to find a lender that is "AirBnBRRRR" friendly - most DSCR Lenders will require the full 12 months of STR history but a few that specialize in STR can qualify less than one year, typically with AirDNA projections or some common-sense mixed underwriting approach
Chuck B.
Has anyone taken Phillip Vincent's program - Mom's House?
24 July 2024 | 46 replies
A stretch to say you are presenting a useful alternative.What truly triggered my response was the notion that it was proper for nursing home/assisted living affiliates to have a preferred network of investors, much less that they would use billing and time pressure to steer their prospective patients there.
McKean Farnell
"I've heard about ChatGPT but I'm not sure how to use it..."
24 July 2024 | 6 replies
Its not a perfect system because its an ongoing work in process but i wouldnt have been able to do it without.
Denise Holder
Are excessive Realtor fees? I'm the "seller"
24 July 2024 | 18 replies
$4,000 is $100 higher than 6% of the asking price.Under "Cooperating with other Brokers" (line 7) checked boxes are: "Represents Seller (subagent).
Evan C.
Place properties in a trust to borrow against equity?
24 July 2024 | 1 reply
Whereupon the property manager suggested that placing the properties (three SFHs) in a trust would allow the investor to set up a line of credit against the trust.
Sara Valentine
Appliance warranties intentionally invalidated by tenants
23 July 2024 | 4 replies
Also received a lot of verbal abuse about the +++++ing appliances, my ++++y repair service options, and the incompetence of my homebuilder who tenant says had installed the dryer incorrectly (installed by Lowes, because they won't warranty if anyone other than a professional they contract with does the installation.
Emily Runyan
Need Help Deciding on Rental Strategy for New Construction in an "Up and Coming" Area
26 July 2024 | 14 replies
I also wouldn't do a lease longer than 1 year because your rental comps in the area might rapidly increase as the area develops.
Benjamin Carver
Raleigh STR House Hack UPDATE: Month 01
23 July 2024 | 13 replies
Raleigh does require no more than 2 listings per house.
Kasi V.
PURCHASE CONTRACT AND ESCROW INSTRUCTIONS - Any downsides
27 July 2024 | 5 replies
A good agent will more than pay for themselves in profit, time and stress.