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8 January 2022 | 3 replies
Blink is an Amazon company and they have wireless, battery operated cameras with motion detection at a very high quality and relatively low cost.
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8 January 2022 | 3 replies
We have been running a successful airbnb operation ever since!
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11 January 2022 | 15 replies
Steve lives and operates in Colorado.
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13 January 2022 | 4 replies
Ask which areas the agent operates in and why.
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8 January 2022 | 0 replies
I however am looking to hire a full time W2 employee to handle day to day operations and coordinate between these service providers and run things generally under my supervision.Need help with actually structuring the job description, company standard procedures, and most importantly how to find and vet this person.
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9 January 2022 | 6 replies
See picsGross annual income: $250k_______________________________________Using income approach with cap rate$250k x 0.8 = $200k / 0.0366 = $5,464,480 value (3.6 cap rate with 20% operating expenses (newer building but still operating expenses quite low))—-----------------------------------------------------------------------Future Bevan Ave developmentDesired price: $8.5M18x units Year built: 2023Finishes: Quartz, new Projected gross annual income: $384kUsing income approach with cap rate: $384k x 0.8 = $307,200 / 0.0366 = $8,393,442 (3.6 cap rate with 20% operating expenses (brand new building 20% operating expenses more realistic)—-----------------------------------------------------------------------Comparing the properties by gross income. $384k (Bevan) - $250k (sutherland) = $134k x 0.8 = $107,200 / 0.0366 = $2,928,961 therefore Bevan is $3MM more valuable.
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14 January 2022 | 12 replies
As the principal of the LLC you are responsible for the operation of the LLC.
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11 January 2022 | 8 replies
The entire operation is run by text and email.The key is finding the right team.
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11 January 2022 | 2 replies
When buying an existing self storage facility, some operators separate out the value of the business and retail from the actual facility to lower their property taxes.
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10 January 2022 | 1 reply
The real benefit of going through an Attorney is getting their help to set up your "Operating Agreement" for you LLC.