BLUF: Expressed as a percentage of revenue; what are your cleaning costs? please chime in if you can help with any other STR industry averages for expenses.
For the trailing 12months my cleaning expenses account for ...
Hi Fellows,
i have a new tenant, she works for adult care facility. From day one she is trying to trying to make up things to get free rent by giving empty threats. Following is sequence of events:
1. Tenant moved i...
I looked at two potential wholesale deals yesterday; one an old washateria with the equipment removed, the 2nd an old washateria with a working dry cleaning business next door. I'm pretty sure an environmental impact...
My family has 28 SFR that are debt free. I'm wanting to bundle 6, 7, 8.....in order to secure a line of credit. I spoke with Bank of America and have a call to a local Credit Union, but wanted to ask on here if anybod...
AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...
Supposedly they have introduced a bill (Not passed yet) to sheild unpaid federal workers from lenders and landlords. What a pain in the ass! This Gov't shutdown is going to affect way more people now. I don't know if ...
Real Estate is so freaking boring… and yet that’s all we talk about. Why – is it because this is all we are interested in?How about the meaning of life – would you engage in a conversation about the meaning of life? H...
I am looking at mixed use building for sale that has a drycleaners which is included with the acquisition of the building. What sort of analysis and due diligence is required here? How do you assess the business. I wo...
Hello!
I've been reading other posts and trying to come up with the best plan. I have a good idea on what needs to happen but thought I would ask for your advice.
We just had our first set of tenants move out. They ...
Looking for input on an eviction we are working through:Coldes on 4-plex in mid-May. No sale/escape clause was in the existing leases so we figured we'd tread water for the 6 months until we could turnover and bring b...