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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).
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1 April 2024 | 59 replies
For long term I have less to manage but at the nightly rate and high occupancy the numbers sound way better.
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30 March 2024 | 2 replies
Investment Strategy:Buy and HoldInvesting herebecause: Potential to Appreciate in Long Term (10yrs+), want to build NetWorth, Affordable in my budgetYear 1 Evaluation: Gross Monthly Rental Income = $2,042.50 Monthly Cashflow = -$76.05 GRM = 12.79 Cap Rate = 5.12% CoC ROI = -1.11%Hoping that theinterest rates go down so that the monthly cashflow becomes +ve.
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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 | 8 replies
I check the SEC, FINRA, ratings websites for inside information on the principals in the company.
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29 March 2024 | 3 replies
One of my high school buddies actually house-hacked there back in 2019.
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30 March 2024 | 11 replies
Hey Ralph,Typically if you sell a property or any asset for a gain within 12 months, you pay capital gains tax at your tax rate.