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6 June 2024 | 7 replies
STR and MTR investing is a different animal all together taking you from housing to hospitality and requires more of a time suck than many initially realize. i personally only do long term rentals and students. i do have a property in mind and making the connections to transition it into a sober living home. excited to see how that shakes out.
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5 June 2024 | 9 replies
Whether it’s worth it depends on your personal goals and financial situation.
6 June 2024 | 6 replies
Don't take this personally, but that is not considered particularly attractive granite, it's old school 'speckled' granite.
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3 June 2024 | 10 replies
I paid $307k cash and spent another 30k + to fix it.
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4 June 2024 | 43 replies
Also are you talking about the CMA or you paid someone to appraise the house?
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5 June 2024 | 21 replies
I personally have not used that data yet, but it is integrated with batch so you dont have to use 2 different systems.
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4 June 2024 | 4 replies
If someone injures themselves and sues, they will be suing the LLC and not you personally.
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4 June 2024 | 5 replies
The Assessments levied by the Association shall be used exclusively for payment of Common Expenses including, without limitation (i) the upkeep, maintenance and improvement of the Common Areas and other maintenance obligations set forth in Sections 10.1 and 10.3 below; (ii) maintenance, repair, replacement, and operation of rights-of-way and easements within or immediately adjacent to the Project (e.g. landscaping and sidewalks within the right-of-way of adjoining streets) to the extent that such actions are required by government entities or deemed appropriate by the Board, (iii) promoting the recreation, health, safety and welfare of the Owners and other lawful occupants of Lots within the Property, (iv) payment of property taxes for the Common Area; (v) insurance premiums; (vi) legal and accounting fees; (vii) management fees; (viii) charges for utilities and other services provided to the Common Area by the Association, if any, and for all utility charges paid or incurred by the City and reimbursed by the Association for street lights in the Common Area; (ix) costs to maintain the entrance features, including any electricity, landscaping and irrigation expenses associated therewith; (x) the performance and exercise by the Association of its rights, duties and obligations under the Project Documents, and (xi) maintaining any Stormwater Control Facilities located on portions of Common Areas to the standard required by the governmental entity or agency having jurisdiction over such areas.
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5 June 2024 | 3 replies
.- Continual market analysis to keep your prices neither too high or too low- For software, you'll need a PMS, some system for tracking operations tasks (we use Breezeway), communications tools for internal and external (we use Slack and OpenPhone, respectively)- The decision to self manage or outsource is a very personal one.
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3 June 2024 | 20 replies
- You mention my personal risk co-signing, but what would it look like if I didn't?