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11 January 2025 | 8 replies
If you find someone giving you confused looks, seek a mortgage broker that helps investors.I'm not so sure how they would calculate income from short-term rentals.
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14 January 2025 | 3 replies
It sounds more like you want to do work for a short time and have success without knowing much.
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16 January 2025 | 3 replies
Keep it short and respectful of their time, and offer to meet in person if they’re open to it.Join Tacoma-specific Facebook groups.
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15 January 2025 | 14 replies
Just like bonds & stocks, different properties will have higher & lower risks.
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6 January 2025 | 9 replies
Quote from @Mel Kirchhoff:Some specific questions I have:• Should it stay fully stocked like an Airbnb (plates, utensils, towels, etc.), or pared down?
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12 January 2025 | 28 replies
There is a distinct difference in the law between short term and long term rentals.
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14 January 2025 | 5 replies
@Asim G. if owners weren't so short-sightedly cheap, PMC's wouldn't be doing this!
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12 January 2025 | 20 replies
Real estate is one of the best mind-sharpening exercises in the investment world simply because getting it wrong there is no stock liquidation or quick way out.
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16 January 2025 | 7 replies
We want to set up something short-term with or without wifi.
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20 January 2025 | 7 replies
Even if I were to rent it out on Airbnb, the cash-on-cash return isn't very attractive.Specifically, I’m concerned about:High mortgage payments and the financial strain it could cause if the property doesn't generate sufficient cash flow.Cash-on-cash return is low, even with high-revenue short-term rentals.My Questions:Risk Mitigation:Any strategies I can use to mitigate the risks associated with owning a high-value property with a large mortgage?