Kelly Cochran
Is it insane to manage your own STR?
19 October 2023 | 81 replies
You can choose between a full time PM or reducing your expense by hiring a local co-host.A way to limit your time invested is by hiring a co-host for a fixed amount resulting in that amount equal to no more than 5-10% of gross revenue.
Ryan Gillis
Proof of funds when making an offer
29 April 2012 | 31 replies
That reduces the seller's perceived risk since they won't have to wait long to know if the private-lender-funded "Cash" offer closes or not.
Moshe Dahari
High Equity Leads
25 January 2019 | 12 replies
I know the most about the Facebook option since that's where I specialize too, and yes, lead generation can reduce the number of hurdles between you and contact information; however you lose some of the customization ability and extra features that a full landing page can give.
Nancy Roth
large family applied to rent small house
2 February 2014 | 19 replies
He managed to reduce it by half in court, but that is still pretty heavy!
Kerry Drake
LLC holding primary residence?
13 July 2017 | 19 replies
I recently purchased a four-plex in Sept 2014 using my VA loan benefit, and am in the middle of refinancing it under the IRRL offer to reduce the rate.
Justin Moon
Tips on managing: management or no management company?
9 January 2014 | 8 replies
Also remember that without precise direction and explanation on the things you ask for, you could be part of the reason something goes wrong.For someone in your position, if you want to buy now, learn some of the management and then pass off the management role to a manager, perhaps you could find someone to manage and teach you at the same time for a reduced fee until they are managing full time.The right manager may be tough to find.
Alan Charles
Real Estate Taxes lowered?
15 August 2014 | 15 replies
I've had very good success getting tax assessments reduced to the purchase amount.
Kyle Kelley
First deal is closing today! Let me know how you think I did!
17 September 2014 | 51 replies
I have no problem adding to the maintenance figures (for capex in the future) and reducing the true cash flow as all cash flow for the initial couple of properties will be going directly to creating bigger reserves per property and down payments for future leveraged properties.
Alex Johnson
Mobile Home Park
5 July 2020 | 2 replies
If you buy 'far away' from home, then just one unanticipated trip to the property (flights, hotel, car) will greatly reduce your profits 3.
John Yu
How to find out how much is owed on the mortgage
11 May 2020 | 24 replies
OTH, the payoff is a bit of intelligence that may lead you to an offer, especially if there are other liens involved, a senior lien holder will be squeezing junior lien holders to reduce amounts needed to give clear title, you can see how the game may be played out.