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18 October 2024 | 29 replies
Every market is different, but in New Orleans there are two types of guests: 1) Guests looking for a dirt cheap place to stay and don't care where it is, but will complain about the tiniest little things, when in most cases the Airbnb is much nicer than their own home.2) Guests looking for a unique stay in a real neighborhood (how Airbnb started, until investors of faceless LLCs started to gobble up and change the fabric of these neighborhoods).
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14 October 2024 | 5 replies
I would like to know more about the role of zoning attorneys and the potential costs of involving them in organizing and submitting the proposal to the appropriate departments.
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15 October 2024 | 40 replies
They can offer tailored guidance depending on your unique situation and objectives.Assess Your Tolerance for Risk: Take into account both the type of properties you intend to invest in and your level of risk tolerance.
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13 October 2024 | 6 replies
These situations are tough, but staying organized and pushing the process forward yourself will make a world of difference.
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15 October 2024 | 34 replies
The tantrum to not create "organic" relationships via posting.
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14 October 2024 | 8 replies
This caused a historically unique opportunity for investors - they could buy Class A properties and immediately cashflow when renting them out.This couldn't last forever, and it didn't, as excited new investors drove up prices.
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14 October 2024 | 24 replies
Here are some pros and cons to try and help you: PROS: 1) Despite no match, you are still contributing to a 401k, which carries unique tax-advantages (Tax-deferred or in the case of Roth, tax-free growth).
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11 October 2024 | 1 reply
Hey, This is a unique situation, I purchased my second property in June 2024, a single-family home that used to be a duplex, and is still zoned as a duplex ( remains 2 addresses).
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11 October 2024 | 13 replies
I feel more organized especially with the bookkeeping work
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12 October 2024 | 7 replies
As a borrower your objective should be to turn over a well organized and easy to digest loan package.