31 March 2024 | 0 replies
For those unfamiliar, these structures offer varying commission rates based on the sell price.
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1 April 2024 | 5 replies
To get the best rate, you will want to use a conventional mortgage so you can't put it in an LLC.
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28 March 2024 | 3 replies
This week's post goes out to the data-driven folk...First, let's talk about two key metrics: Average Daily Rate (ADR) and Occupancy Rate (%).Understanding ADR: Maximizing Rental IncomeThe Average Daily Rate (ADR) is a key metric in the short-term rental (STR) industry.
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1 April 2024 | 17 replies
As PO BOX rates have more than doubled in the last 10 years, I'm trying to setup an additional mailbox for my fourplex building for the purpose of receiving administrative mail to effectively use it like a PO BOX.
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1 April 2024 | 12 replies
You get a 30yr loan on a fixed rate, the debt is paid by the tenants, while you still cash flow.
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31 March 2024 | 29 replies
Managing an STR a very hands-on 24/7 job if properly managed with a decent occupancy rate.
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31 March 2024 | 23 replies
Tell me how often you have to file for an eviction.I didn't ask to negotiate the monthly fee, and never have since day one - as long as they provide me excellent service, I am happy to pay their requested rate.
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1 April 2024 | 10 replies
I recently set up an LLC to manage and eventually take ownership of the property as soon as possible but I am assuming my lender will not allow that without refinancing with a higher down payment/interest rate.
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31 March 2024 | 7 replies
CAP rate (how many real actual dollars you put in your pocket every year) and wholesale (value of the property and wholesale value of the trailers).