22 November 2024 | 5 replies
the market is unforgiving right now, and if you buy a random property by looking on Zillow and turn it over to people you don't know to manage, you'll lose money.with respect to your specific question, if the property is safe, clean, and priced correctly, it will rent. but that doesn't mean you'll make money on it.
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24 November 2024 | 27 replies
$35 plus tax per day cleaning and $22 plus tax per day resort feeOR 2. $150 plus tax Clean up fee at check out and $22 plus tax per day resort feePRIVATE OWNERS: $100 per day resort fee up to 2 people, $50 each additional person.
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23 November 2024 | 4 replies
Leather is very durable and easy to clean but more expensive.Depends on the property and your budget.Sleeper sofas give you more sleeping capacity.
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21 November 2024 | 19 replies
I ask because a lot of new investors are getting lured into the thought of them because you get paid by the government this alleged "guaranteed rent", but that's not really how it all works.The Section 8 website for your area or the larger one should have metrics per square foot for the area.I have one section 8 rental and 2 regular rentals.
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21 November 2024 | 8 replies
Why not just do regular cashout refi ?
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22 November 2024 | 4 replies
That's hitting the 2% "rule", and if you can maintain regular rent on that you've really hit a home run in today's market.
22 November 2024 | 2 replies
By the way, the tenant should be charged for this as part of "cleaning and repairs."
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23 November 2024 | 40 replies
In the example below, it shows my "Vrbo commission" is 5% and their "payment processing fee" is 3%, so they take a total of 8% (of the nightly rate + cleaning fee + pet fee).
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19 November 2024 | 6 replies
The area is loaded with men on 1-2 year contracts who have homes some where else and they just need 1-2 years of safe, clean, comfortable housing and the only other option is seedy hotels.
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23 November 2024 | 6 replies
This eliminates the requirement for a new down payment since you are refinancing the existing debt.Lenders typically require:A copy of the owner-financing agreement.Proof of on-time payments (6–12 months).What to Do:Find lenders that offer rate-and-term refinancing for owner-financed properties (portfolio lenders and DSCR lenders often do this).Maintain a clean payment history.”