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14 November 2024 | 8 replies
If you’re running a MTR more like a STR, then you can decide to charge the full boat as agreed or, if you desire (possibly to obtain a good review) find a substitute renter for the period in question and credit the original renter.If, like me you operate a MTR more like a LTR just for a shorter period of time, you probably use a specific rental form provided by either the state real estate commission of the local NAR affiliate.
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10 November 2024 | 2 replies
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*This link comes directly from our calculators, based on information input by the member who posted.Hi guys, I am looking to BRRRR out-of-state. What can I do to make this deal work? Any mistake I made on...
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15 November 2024 | 9 replies
So learning how to take less time reviewing deals and striking them from the list quickly and for those that seem close, get to your price, offer it and let it be.I am a fan, personally, of offering my best and final right up front.
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15 November 2024 | 13 replies
The best down to nail down the value is to review the financials, look at comps, and get an appraisal.
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12 November 2024 | 5 replies
We can be of service when it comes to reviewing your financials and help you explore what the best options would be for you depending on your overall goal.
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14 November 2024 | 13 replies
The challenge is if an appraiser does something like $100,000+, it still has to go through a secondary review with the lender.
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14 November 2024 | 8 replies
@Jaime RamirezYou should share the listing so we can review how it is being presented.
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11 November 2024 | 5 replies
Hello @Michael Dallas,To verify the seller’s information, ensure you request these essential documents:Rent Roll (to confirm rental income and occupancy)Lease Agreements (to review tenant terms)Financial Statements (past 1-2 years, including income and expenses)Property Tax StatementsUtility Bills (if applicable)Maintenance Records and recent CAPEX reportsInsurance Policy DetailsInspection Reports (any recent or previous reports)These will help you confirm the property’s income, expenses, and condition.
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12 November 2024 | 2 replies
Hello colleagues,The fire Marshall recently conducted a review of an 8 unit, 3 storied old building in Palo Alto, CA that I manage.He has specifically called out for several corrections.
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13 November 2024 | 9 replies
Occupancy has remained strong and PadSplit is hitting new booking records regularly.Here are some articles to review in the meantime:1. https://www.padsplit.com/host-resources/news/how-affordable-...2. https://www.padsplit.com/host-resources/news/why-padsplit-is...