Aaron Gordy
Once Again, Austin Round Rock Metro Unemployment lowest in Texas
Latest stats from TWC are out. Rank order by the top 5 metros with the lowest unemployment1. Austin Round Rock 3.1% 2. Amarillo 3.2%3. College Station Bryan 3.6%4. Abilene 3.7%5. Dallas Plano Irving 3.7%The US unemplo...
Benjamin Fishler
Legalizing lots of land
Hi all, We have a couple of plots of land land we acquired a while back via tax auction. They apparently were not split properly, was told we need to get the lots legalized. We're not looking to build on the lots but ...
Jason Lawson
Salisbury Investors
Does anyone in the Charlotte area know any investors in Salisbury, or people who invest in that area? I have a good opportunity in Spencer, NC but most of my network is in Charlotte. Thanks in advance!
Greg Maden
DSCR Loan question
I am up against my DTI ratio for a traditional mortgage and I have been looking in to the DSCR option and it from what I am seeing it looks like a decent way to continue to scale. Does anyone have insight on what the ...
Ryan Leake
STR Data in Austin, TX - # of Guests, Average Daily Rates, Occupancy %...
This week's post goes out to the data-driven folk...First, let's talk about two key metrics: Average Daily Rate (ADR) and Occupancy Rate (%).Understanding ADR: Maximizing Rental IncomeThe Average Daily Rate (ADR) is a...
Account Closed
Property Manager Suggestions
Hi everyone,I need suggestions for a property management company in Toledo, Ohio.Any type of help is appreciated.Somebody suggested Andrew Fidler and LaPlante Real Estate. Does anybody know anything about these guys?T...
Justin C.
simple bookkeeping question - credit cards
If I charge $500 at Lowes for supplies and list the entry as a supplies line item, then where does the credit card payment go? Can't wrap my head around this one.thanks in advance
Todd Moriarty
If I buy an apartment building, who keeps the cash reserves?
I'm looking at different buildings right now and was told by a reliable source that, if I buy the building, I get the owner's cash reserves. That doesn't sound right to me. I know I get the tenant's security deposit...
Steve Penney
Lease contract when purchasing a property with existing tenants
I am getting ready to close on a duplex with one existing tenant who is about four months into a one year lease. I understand that the lease comes with the property but I am assuming that a new lease will have to be ...
Jason Hodges
Making A Foreclosure Offer
So I'm a newbie and ready to make my first offer. I'm interested in flipping a few homes over the next few years to increase my cash and will then change my strategy to buy and hold. I found a home on Zillow saying ...