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8 February 2025 | 12 replies
Would like to be systematic to rinse and repeat with future properties.
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9 February 2025 | 33 replies
Quote from @Jeff Roth: Hi Lina from Texas-Congratulations on your interest in investing in mid-term rentals and you are wondering how and where to get started.I get this question frequently from investors.Sometimes and investor is looking to keep their property cashflow positive as insurance and taxes have squeezed cashflow by turning units into mid-term or short-term rentals.First off, ideally, the property will cashflow as a long-term rental should something disrupt the mid-term rental model.You will also want to have the property be near where there would be a demand for mid-term rentals (hospitals, universities, research centers).Monthly rents for mid-term rentals are about 20% (+/-) higher than unfurnished similar long-term rentals.There are property managers that will manage mid-term rentals for you and I always advise my clients to use property managers to keep their investment as passive as possible and for compliance issues related to Fair Housing Laws and local regulations.To Your Success!
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19 February 2025 | 6 replies
They change jobs more frequently so renting a room works better for their lifestyles.
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5 February 2025 | 2 replies
It is hard to pin down specifically, but that seems to have been a factor in a few of the ARV-Appraisals that I've seen and has impacted the refinancing process.Otherwise, it has been a great market for my clients, great cash flows and repeatability which has really helped as they have scaled.
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2 February 2025 | 9 replies
https://www.biggerpockets.com/...12 Frequently Asked Questions (And Answers) About DSCR Loanshttps://www.biggerpockets.com/...8 More Commonly Asked Questions and Answers to DSCR Loanshttps://www.biggerpockets.com/blog/eight-questions-and-answe...What Documents Do You Need for a DSCR Loan?
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4 February 2025 | 6 replies
I am friends with scranton based wholesalers and they pass deals to me frequently which I send to my client base.
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5 February 2025 | 1 reply
I have told him repeatedly, and thought he was actually doing it.
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9 February 2025 | 3 replies
Rinse and repeat as many times as life allows, or convert to buying pure investments.Consider employment with a property management company.