Damian P.
AirBNB - Manual Market Research for STRs
6 June 2022 | 19 replies
Is this host only allowing bookings a certain date into the future, and I'm assuming you can adjust this around a bit?
Ben Lovro
Seller's Actions: A Guide to Negotiation Strategy
10 January 2024 | 0 replies
Maybe you want a higher price, different terms, or some adjustments to the deal.It's all part of the negotiation game, where both sides try to reach an agreement that works for everyone.
Erik Williams
Should/Can I transfer my Multi-Family property in an LLC
13 December 2016 | 4 replies
I would not recommend transferring property into a new entity immediately prior to sale in order to adjust the tax paying entity.
Ryan Hilbun
How do you research vacation rental income in your area?
17 December 2016 | 17 replies
Festivals, college graduation, fishing tournaments etc.I adjust my price through out the year based on demand, events, and time of year.I have accounts at Homeaway (also searchable on VRBO) and AirBnB.Homeaway and VRBO blows away the bookings I get on AirBnB for vacation rentals so I would use the data from here primarily.You can also check local Craigslist ads for properties similar to yours to see what their pricing is.Also look at their requirements for security deposits, pet fees and cleaning fees to she what you should be charging for these also.Once I started getting reviews on Homeaway my calendar started staying full.I charged on the low end to get more reservations in the begging and once I had several 5 star reviews then I started charging on the high side.
Brandt Tingen
Higher than 70% LTV for 2-4 unit cash-out refi
27 January 2017 | 9 replies
you'll need a portfolio or commercial lender who is typically a local community bank or credit union since conventional max cash out on 2-4 unit is 70% LTV.In WA state I know commercial lenders who go to 80% LTV on cash out with 30 year amortization, 15 year term, 5 year fixed, adjustable every 5, with 1 point in loan cost.
Steve Salvini
Apprasial Gone Wrong.
8 February 2017 | 5 replies
They stated that it was "superior" to mine and would not make an adjustment for it.
Jack Jones
Need Advice on bad investment
30 January 2009 | 13 replies
Tell them that you can no longer pay (don't stop paying on the mortgage without consulting a lawyer) and you need to get that adjustable rate loan down to a manageable fixed rate.
Matthew Green
Typical questions when gathering information from a potential property.
29 March 2009 | 9 replies
Some may disagree with that but I've got better things to do with my time then to chase non-motivated sellers.now of course I'm talking along the lines of Sub2's, once I've decided that it's worth 5 more minutes of my time I'll ask about their mortgage:lender, type of loan, % rate, length of time in loan, PITI, ballon date, adjust date.I believe in Sub2 investing the mortgage is as important as any other aspect of the strategy simply b/c it revolves around the mortgage numbersI'm not sure if that was of any help, but I decided to cut it short of rambling on.Matthew...............quit being 'not serious' and join the darkside!!
David P.
Rent Late Fees
3 June 2014 | 15 replies
I charge 10% after the 5th..Tenants automatically include with rent(only waive 1st )...