Wade G.
Owner Finance Question
In 2012 I sold a house by way of owner financing with a seven year balloon. The buyers are now refinancing with a bank and paying me off. The title company wants to know the payoff amount which is easy enough to see...
Berry Starnes
AirDNA calculator question for STRs
The question I have is when Customizing your estimate on expenses in AirDNA. I do not currently own a STR and am looking at the numbers to see if one will work in my situation.
The average daily rate includes cle...
Reggie Maggard
Typical late fee?
What do you charge for a typical late fee? Anybody familiar with Missouri laws on the subject?
Reece Bierhalter
Late Fees AFTER Notice to Pay or Vacate provided
I provided a tenant with a 3-day Notice to Pay or Vacate. The total amount is based on the back rent due, plus all late fees incurred up to the day I provided the notice. Per the lease I have an initial late fee, the...
Evan O'Brien
Calcualating Rental Income from STR’s
When you’re calculating the potential rental income for a STR property is there a specific approach to take? Recently I’ve tried estimating daily rates to charge for STR’s using the enemy method (estimating the daily ...
Yuzi Stha
Looking to join low cost real estate brokerage in Massachusetts
Hi all,I recently passed my real estate salesperson exam. Currently I am looking to join Massachusetts real estate brokerage who offers good splits and less fees. My focus is not really to sell real estates but rather...
Ripu Singh
Office Condos- Rent Payments always Late
Need advice on Commercial Monthly Rent in Austin,TXWe have a 1 year lease on 2 office condos in Round Rock, TX and the current Tenant is always paying the rent 2 weeks later then when its due. Even after repeated emai...
Beth Matherne
Late fee start date?
Hi everyone! How do you all handle your late fees? What day do you consider late? How much are you charging? We enforce a late fee after the 5th, at $15.00 a day as of now. I’m curious how this works for everyone else...
James H.
Rental payment conversion success
Well, we just checked the bank account online a couple minutes ago and low and belold, there was a deosit in the amount of rent owed for October sitting there!
This is great news because my last interaction with thes...
Ted Caputo
New to STR questions
I am researching STR and multi-family. I just watched a video by Avery Carl on STR analysis and had two questions.1. As she was determining gross income she used average daily rate and multiplied by 355 days. Isn't th...