Jon Steffen
Out of State - Ski Property - Short Term Rental
19 April 2024 | 6 replies
Using a rental is one of the best reasons to buy one so I like your thinking there.The proliferation of STR in ski areas have made areas a little farther out more of an option in some of the ski areas so you can track the options by looking where they short-terms stop on the map in the areas you like.
Babu Byrapuneni
Rental balance sheet
18 April 2024 | 4 replies
Hi Babu,A simple rental property balance sheet will have the following accounts:Assets: Cash, tax and insurance escrow, fixed assets and depreciationLiabilities: Credit cards, security deposits, and loansEquity: Opening balance equity, owner's contributions/distributions, retained earnings and net incomeThere could be a number of reasons that your balance sheet does not balance.
Alazar Wubet
How do you source your deals? Long post
20 April 2024 | 9 replies
Alternatively, you could consider marketing directly to sellers as another option.
Robin Simon
What’s Next For DSCR Loans? Updates For 2024 and Beyond
19 April 2024 | 13 replies
I do agree that Mixed-Use took a beating these past few years and would like to see more competitive options.
Ryan Cleary
Ways to structure a seller finance deal
19 April 2024 | 7 replies
Rather than selling the property right now, you could consider doing a lease option.
Sharon Supera
To keep or to sell
19 April 2024 | 3 replies
If this trend is likely to continue, it might be financially straining to keep the property, especially if you need to invest more in renovations.Financing Options for Renovations: If you decide to renovate, consider how you'll finance these renovations.
Roy Mitle
Process for increasing rents in california w/o creating angry tenants
18 April 2024 | 5 replies
If they damage the place, that is what the security deposit and if necessary, the court system are for.
Richard Chover
Long-term Lease Options
16 April 2024 | 4 replies
What does everyone think about lease options?
William Coet
Multifamily Prices so High that Only Cash Makes Sense, But Why Not Put Cash in CDs?
21 April 2024 | 47 replies
Yes you can put it in a CD, there are also many other investment options in real estate and outside real estate that still make sense today.