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In the book "Mobile Home Wealth" the author makes a strong case for collecting payments weekly instead of monthly. You collect 13 months of rent per year (52 weeks vs 48) and are able to spot and react to trouble fast...
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In the Smokies, by how much do you estimate revenue increases as a percentage of your prior daily average when you go from a 2 bedroom, 2 bathroom to a 4-5 bedroom, 3 bathroom?
Thanks in advance for any feedback.
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I am looking for a detailed comprehensive analysis model and came across ReSheets.Has anyone bought their spread sheets? They have a YouTube video and it seems like their models do a lot. I think they could save a lot...
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I have 5 short term rental units and am working on purchasing a couple more. I am curious with the new restrictions in many cities not allowing short term rentals if anyone is doing monthly (30 day+) rentals in these ...
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I have been working with a homeowner who signed an authorization to release information for me to discuss his loan with his mortgage company. The loan recently went to the attorney to begin foreclosure. I have conta...
I have invested in a out of state rental and will have a property management co. managing it. I plan to buy a home warranty to cover appliances and plumming. They will repair appliances, $30 or $70 fee depending on ...
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I bought my house when the $8k tax credit came around. My plan is to sell it and buy a double to rent out. I live in PA if that matters. I need to technically live there until October.
Would I be able hire a realtor ...
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I’ve never owned a rental property but have experience within the area due to past jobs and my career. I’m getting married and moving in with my finance after the wedding. I’m 38, we both make good incomes and consi...
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I'm purchasing a small multifamily property in San Diego and am looking to set up an LLC for liability protection. Do you recommend holding the property in a CA LLC or an out of state LLC entity for this purpose? I ...
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Hey all!
On the two SFH's I own, I have the taxes and insurance wrapped into the monthly mortgage. I'm curious what common practices are and if there are any reasons why it would be more beneficial to pay taxes and ...