All Forum Posts by: Conor Kearns

REGISTER HERE:

https://www.eventbrite.com/e/l...

Join Conor Kearns of "The Kearns Group" and Ali Nauman of "2 Brothers Contracting", as they walk and discuss their latest project, turning a uninhabitable1930's quadplex into luxury short-term-rentals. At the time of this event, they will be 30 days into a 60 day project.

This is Part 2 of a 3-Part Walkthrough Series for this project.

During the walkthrough, they will be explaining:

- How to select a buying criteria that will work regardless of market shifts

- How this deal was sourced, negotiated and funded

- How they are comping out the rehab for a building that is a TOTAL gut job ($100K rehab)

--

Conor Kearns | The Kearns Group

[email protected]

Follow me on Instagram & TikTok: @conor_thekearnsgroup

Join Conor Kearns of "The Kearns Group" and Ali Nauman of "2 Brothers Contracting", as they walk and discuss their latest project, turning a uninhabitable1930's quadplex into luxury short-term-rentals.

During the walkthrough, they will be explaining:

- How to select a buying criteria that will work regardless of market shifts

- How this deal was sourced, negotiated and funded

- How they are comping out the rehab for a building that is a TOTAL gut job ($100K rehab)

WHEN: Saturday Nov. 5 @ 11am-12pm

WHERE: 102 S Lockwood, Houston, TX 77023

CLICK HERE TO REGISTER HERE

--

Conor Kearns | The Kearns Group

[email protected]

Follow me on Instagram & TikTok: @conor_thekearnsgroup

Quote from @Dave Skow:

@Spencer J.- most HELOC lenders are only doing them on primary residences ...present rate range is 7-10%

 Hi Dave,

Do you know of any lenders offering non-owner occupied HELOCs?

Hi BP Community,

I have heard many people mention pulling equity and/or lending against their life insurance policy. Does anyone have experience or knowledge on this topic (life insurance policy/company specifics, policy seasoning requirements, etc.)?

I am curious to what this process looks like from A to Z. 

Thank you in advance for your insight, 

Conor

Hello BP,

I have an owner-occupied multi-family property (quadplex) I am wrapping up with renovations on in Q4 and am looking into some HELOC options. I know many banks are getting tighter with their HELOCs, while some have removed their HELOC programs entirely.

Has anyone heard of an institution that offers HELOCs on owner-occupied multi-family properties in Texas?

*Note: 3 of the units will be AirBNB-ed, therefore negating the ability to refinance traditionally, as I will not have a rent roll to present to the underwriter. I have heard some rumors of some AirBNB refi packages being offered by select lenders by EOY, but as of now, I have not seen anything concrete. 

Thank you in advance for the insight,

Conor

Hi BP,

I am seeking recommendations for a smart lock for several AirBNB's I am currently putting together. I am needing a smart lock that can have the code reset/managed entirely remotely.

What do you recommend?

Thank you in advance for the insight,

Conor

Looking forward to this! 

Looking forward to this event!

Congratulations Stanley! I've been thinking about getting into rent-by-the-room. Seeing these numbers really have my gears turning now.

When it came to renting the rooms out, what did the process look like to ensure compatibility among the various renters (and personalities) living under the same roof?

Looking forward to this, Matthew!