All Forum Posts by: Jeremy Kloter

STR is best suited at the moment for more of your higher end properties 750k+ from what we've seen in the market unless you get a unicorn deal. Rates are being compressed and have been for some time, we see a lot of clients going airbnb to long term furnished/unfurnished. Be careful, but consider LTR options as well.

STR market is dieing unless you can play in the 750-1.4M$ price point then there is opportunity, most are going MTR or LTR, we manage a vast amount of properties and see clients switching from furnished to long term unfurnished, lots of data around this... For us, we are looking and doing LTR or MTR furnished room rentals but its very operationally intensive. If you bought 5+ years ago your STR is doing well but not as good as it once did. Too much supply and saturation.

We have a great team that does our personal home and a lot of our tenant move out cleans, few options here just hit me up.

Double closes, and all sorts of weird stuff we've always used Old Tampa Bay Title. They close most of our deals and for my agents in my brokerage. Solid operation also have a partner law firm which helps on more sticky deals.

I'd ask around some GC's that are higher level they may have some decent project management/financial tools if they're at scale. The other option would be diving deep with a bookkeeper to have them help run more updated books than just monthly. There's a few GC contracting coaches out there that likely have a few tips that would apply to how you want to see this ran. Are you needing more of a project management tool as well or just financial?

Your personal strategy is going to dictate which you'd like to do. Most people will recommend the use of other peoples money and recycling that money again into the next deal. You wouldn't have to pull out a bunch of the cash you have, I know a lender that has airbnb loans and other great options if you want a lenders opinion. 

Hey Christopher, I used my VA and will be doing a cash out refi to conventional to free up my VA for my next purchase. Lots of great ways to use it, happy to chat more just PM me and if you need financing we have a great lender we work with that are investors too!

There could be a few options but either conventional or fha may make the most sense. Our lenders are awesome, they are investors themselves and heavily in our market if you want a reference.

Andres, you want to speak with a few lenders to see what options they have for you. I can provide a reference, they are investors and do my personal loans plus all of our investors we work with and manage for too. They have any product under the sun.

You should consider other loan options, dm me we can give some extra guidance.