All Forum Posts by: Zak House

So I have multiple LLC with different EINs so Bank of America doesn't recognize me as one holder and therefore I get additional fees. Feel there service and customer experience are terrible , so looking for different options for banking with multiple LLCs . Thank you in advance (just for checking/savings purposes)

There getting there…the have 45k homes

Just jumped into my first STR and it's been an "interesting" process with property management companies. Based on size/scale/pricing, I decided to sign up with Evolve and it was a shaky onboarding process. Just when I thought we were in the clear and the property was listed, new information came to light! While we agreed on a weekday nightly rate of $179 to start and cleaning fee of $185, I quickly realized that EVOLVE site had it listed as agreed upon, but Air BNB/VRBO were higher on both nightly rate and cleaning fee (ex Air BNB at $203 per night and $191 cleaning fee).

When I questioned EVOLVE, they blamed the STR sites and stated Air BNB/VRBO increase both the nightly rate and cleaning fee to cover "3rd party listing rates". This wouldn't make much sense, as they only get a small percent of that nightly rate, meanwhile they get all of the fees/services charges. So why wouldn't they just capture it there (and seem to actually do).??

This has me believing that EVOLVE might be just listing it higher on those sites to try to drive more booking directly through EVOLVE.com.

Any insight?  

Anyone have recommendations on a strong property management company in/near Show Low, AZ???

I think I understand the upside for Experian RentBureau, but can anyone share the downside/negatives?

Hi all,

Looking to sell a couple properties in Jersey and would like to 1031 the proceeds.  never done this before, but understand that I need a 3rd party Qualified intermediary.  Does anyone have any recommendations?

What's the current, average Hard Money Loan interest rate in Phoenix?  

No harm in posting company name for others to avoid similar situation and/or maybe someone travels in similar circles and could possible assist.  Bare minimum, start with filing a BBB complaint.  

@Amar Vedula. Short term or long term rental?

What’s the deal with Opendoor in the Phx market? Seems to have bought a lot at premium price and trying to resell for break even or minimal profits….and they don’t seem to want to negotiate on anything.