All Forum Posts by: BRAD THOMAS

@John Underwood people thought the same thing in 2008 and have lost value and have not recovered even during this sellers market. I think this particular property has an intrinsic value I wouldn't go over ever. Thanks!

@Joshua Strickland thanks!

@Alex S. Thanks. At this property, I'm looking at a $200k increase in sales price in 4 years. I think it's insane, but people are getting it with multiple offers and sales under a week (on lake Hartwell in SC)..

@Luke Carl good points! I haven't had a problem with this thought process in the Asheville area so far.

Background - Looking at a property that we would also use as a vacation home and STR so it's not 100% about maximizing the return on the property. In this sellers market there also appears to be no real future property appreciation to get here, just utility and cost offsetting and possibly cash flow.

What CAP rates are y'all targeting for your STR's?

How do you rate the Propstream postcard mailers compared to others for ease of use, cost, and personalized appearance?

What are the pros and cons of using Carrot websites for real estate investing? Any feedback is appreciated.

I want some general feedback as I conduct some research for options. How does everyone feel or address the ramifications of putting a 100% owned house in a revocable trust when the house has a new HELOC without a balance? Would you be able to still borrow from the HELOC since ownership of the property will change? Should I start over and place the house in the trust then reapply for a HELOC or notify the bank prior to changes to see what they require? Thanks in advance!

I want some general feedback as I conduct some research for options. How does everyone feel or address the ramifications of putting a 100% owned house in a revocable trust when the house has a new HELOC without a balance? Would you be able to still borrow from the HELOC since ownership of the property has changed? Should I start over and place the house in the trust then reapply for a HELOC or notify the bank prior to changes to see what they require? Thanks in advance!

@Michael J. Abel

This is pretty affordable co.pared to others I've been researching. It appears from looking at most,, that without an active MLS subscription your just doing one off prooerty analysis. I'd love to run some in bulk analysis in an area to limit my data set and then drill down.