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30 June 2018 | 16 replies
@Garan Kama take a look at this page when considering STR and Airbnb in Vegas: http://www.clarkcountynv.gov/administrative-servic...Clark County (where most of the strip is) is outside of the actual city of Las Vegas and transient occupancy of residentially zoned properties has been illegal since the 90's.
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27 June 2018 | 16 replies
You're marketing the professional service you provide, which pertains to purchase/investment in property.Straight from the FCC:"The term “telephone solicitation” means the initiation of a telephone call or message for the purpose of encouraging the purchase or rental of, or investment in, property, goods, or services"https://transition.fcc.gov/cgb/policy/TCPA-Rules.p...
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30 January 2019 | 11 replies
They charge to line up service calls.
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30 May 2018 | 13 replies
I'm not sure if I 100% agree with that statement as I'm under the impression some servicers still use hubzu in certain states for short sales, but I do agree that most are bank owned for sure.
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16 May 2018 | 4 replies
If you plan to increase your portfolio of properties you may want to have a PM Service the property for you.
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15 May 2018 | 3 replies
Straight off the MLS vs off-market, finding a seller on your own before it's officially for sale.The MLS is the multiple listing service, where an agent/broker/realtor has been retained by a seller.
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16 May 2018 | 1 reply
(Utilities were rounded up on my part)The asking price is $115K (in a very small town, but the biggest town within a 50 mile radius).Monthly Rent 280010% Vacancy - 280Gross Monthly Operating Income 252010% Property Management 28010% Repairs Maintenance 28010% CapEx Reserves 280Property Taxes 280Property Insurance 200Heat 270Electricity 225Water 75Monthly Operating Expenses 1890 Total Annual Operating Income 30240 Total Annual Operating Expenses - 22680Annual Net Operating Income 7560Purchase Price 115000Cap Rate 6.57%25% Down Payment on Loan 28750Loan Amount 86250Closing Costs 300Length of Mortgage 20 yrsAnnual Interest Rate 5.0%Total Annual Debt Service 6831Annual Cash Flow 729Monthly Cash Flow $60Cash on Cash ROI 2.3%When I first saw a "6 unit apartment for only $115K" I thought it was a gold mine.
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17 May 2018 | 12 replies
Unless you're offering a very niche service, you can't realistically charge very high premiums for coaching.
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16 May 2018 | 5 replies
My background is in customer service and TV/Film production -- a clear path to real estate, don't you think?!