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27 October 2024 | 3 replies
Lesson from Radiant Young Adults night in Tampa – "Staying Power"Last Thursday's session reminded me:- Stay consistent- Play the long game- Consistency always beats periodic bursts of intensity- Consistency might feel “boring,” but that’s where growth happensStay the course!
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29 October 2024 | 24 replies
And one of the things I've been told is that there is no seasoning for refinancing which contradicts what you said about the two year period.
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1 November 2024 | 22 replies
Your activity isn’t a rental activity if any of the following apply.The average period of customer use of the property is 7 days or less.
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27 October 2024 | 4 replies
Make sure to review your current lease or local laws as they may list a different renewal notice period.
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29 October 2024 | 9 replies
Yes you can definitely qualify for the STR loophole if you materially participate and keep the average rental period at 7 days or less.
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6 November 2024 | 54 replies
Take it with a big grain of salt - I saw a property tagged with HIGH RISK of HEAT due to a 200% increase of days over 100F in the next 10 years....going from ONE per year to ...drum roll...TWO days per year.Exactly ^^^I've noticed that they are now calling the wildest temps as 'Heat Advisory'....For example: Last summer in Phoenix, they had a period with 105ish temps declared as 'Heat Advisory'.
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28 October 2024 | 8 replies
The rates and terms are usually more favorable than DSCR loans, so I’d lean toward conventional financing while you can still qualify.BRRRR Method: The BRRRR strategy can be powerful, but it might slow you down a bit due to the current cash-out refinance seasoning periods, which can be as long as 12 months.
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20 October 2024 | 12 replies
Legally (most states), a 30-day Notice MUST cover at least one rental payment period.
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26 October 2024 | 0 replies
Or, if possible, sell them (but I'm guessing that selling the units to owner occupants is probably not allowed and that they must remain rentals for the 30 year period).
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25 October 2024 | 2 replies
I think it is, but it is not the same BRRRR method investors are used to.The Changing Real Estate LandscapeThe real estate market has fundamentally shifted since the period from 2017-2020, which was marked by relative stability in terms of interest rates, demand, and supply.