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All Forum Posts by: David New

David New has started 19 posts and replied 74 times.

Post: Financing options for STR

David NewPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 78
  • Votes 33

@Ross Aveila speak with @Elise Marquette

Post: Best place to hold $30k for 4 - 8 months?

David NewPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 78
  • Votes 33

@Edward A. Yep, that's a trade off for sure. Celsius is about to start offering something similar to FDIC insurance very soon. Look forward to seeing the details. As far as risk vs reward, I can make the argument that it's "riskier" to keep your money in a bank (FDIC insured) while it's getting devalued at record levels each year. Defi and Cefi is about to swallow the traditional banking system whole and very few people see it coming yet.

Post: Best place to hold $30k for 4 - 8 months?

David NewPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 78
  • Votes 33

@Paul Henning stablecoins in USDC. Been doing it for years and getting consistent liquid 8% returns and it’s pegged to the USD. Tons of YouTube videos on it.

Post: Any way I can still get a loan to buy another house?

David NewPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 78
  • Votes 33

Speak with @Elise Marquette. She has some creative loan options available that I have not found with other lenders.

Post: Check In help- STR Palm Springs. CA

David NewPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 78
  • Votes 33

@Barb Buet you may get some responses on here, but I would strongly recommend trying to join some local STR facebook groups and ask your question there.

Post: How often to paint exterior of beach houses

David NewPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 78
  • Votes 33

@John Underwood properties we are looking at are mostly wood or vinyl. Someone had mentioned to me that I needed to be prepared to repaint every 4 or 5 years and I felt like that was a little much. I wanted to confirm so that I wasn’t surprised of the amount of exterior maintenance that I had coming my way.

Post: How often to paint exterior of beach houses

David NewPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 78
  • Votes 33

For beach properties that are within a few blocks of the beach, how often are you having to repaint the exterior of your house? I’m trying to have some idea to calculate for reserve capex needs. Thanks for any feedback.

Post: Builders in Pigeon Forge area...?

David NewPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 78
  • Votes 33

Following this as well. I requested some names on a local facebook group and didn't get a single recommendation back. Thanks for posting this @Mike Bellom.

Post: Beachfront Condo vs Beach house a block away

David NewPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 78
  • Votes 33

Thanks so much for all of the responses. These have been very helpful.

Post: Beachfront Condo vs Beach house a block away

David NewPosted
  • Rental Property Investor
  • Atlanta, GA
  • Posts 78
  • Votes 33

@Tanner Morrill I’ve heard this is the new norm. Pool prices have skyrocketed.