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4 February 2025 | 31 replies
build to rent is great. they are an intermediary that help investors contract direct with turn key new build. they are pretty sophisticated we have sold a house so far and we are looking to sell other multifamily with them. there is a vetting process and as an intermediary they don't control construction they help vet builders and establish relationships. they have a big team. the other builder I've never heard of but unless you can see your house I wouldn't touch it. rent to retirement has a strict policy of 90 days until certificate of occupancy until they will send a deal out they are good at what they do and I'd recommend them. they have options all over the country and established relationships.
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23 January 2025 | 39 replies
Seller was not willing to extend contract or accept creative financing options.
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20 January 2025 | 8 replies
It’s inexpensive to provide but can make a big impact.Comfortable Bedding: Investing in high-quality mattresses, pillows, and linens improves the guest experience and leads to better reviews, which can boost occupancy rates.Smart TV or Streaming Services: Offering Netflix, Hulu, or similar services is a low-cost way to enhance guest entertainment and stay competitive.Fully Stocked Kitchen: A well-equipped kitchen with basic appliances and utensils appeals to families and long-term guests, saving them money on dining out.Dedicated Workspace: If your property caters to remote workers, adding a small desk and ergonomic chair can set your listing apart.Outdoor Spaces: If your property allows, an outdoor seating area, fire pit, or hot tub can significantly increase your nightly rate and attract more bookings.Energy-Efficient Features: Guests appreciate eco-friendly options like LED lighting, smart thermostats, or solar panels, especially in eco-conscious markets.Keyless Entry: A smart lock is a relatively small investment but offers convenience and security, which many guests value.If you’re deciding on amenities to add, it’s always a good idea to research your local market.
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22 January 2025 | 4 replies
I would strongly advice consulting with an attorney or financial planner to discuss your options.
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17 January 2025 | 3 replies
Would it be a good idea to get a real estate license and work in real estate or are there other options to get in Missouri to get real estate experience without a license?
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25 January 2025 | 7 replies
Not sure what market you are in, but I would talk to some lenders about FHA options on a 2-4 unit property.
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19 January 2025 | 51 replies
When I have some free time, I'll research other options that won't cost a fortune for the small guy.
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16 January 2025 | 23 replies
The only other option I see is a short sale, if you don't need to purchase for a few years and don't mind a temporary credit hit to save the $60k.
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24 January 2025 | 7 replies
What ever the Contractor proposes you should not take as the only option.
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21 January 2025 | 2 replies
While you work on that, you could also explore creative financing options like DSCR loans or partnerships to fast-track your first STR.