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16 January 2025 | 40 replies
You'd hopefully get a higher EBITA multiple too.
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2 January 2025 | 50 replies
During the hot season all the higher ranking properties get booked so your property has a chance to be exposed to the guests.
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8 January 2025 | 4 replies
Two things are certain, 1) taxes are lower today than they've ever been in the past 80 years. 2) they are certain to be higher in the future.We should all be focused on paying the lowest “lifetime tax bill” not the “lowest tax bill this year”.By paying 20% and settling up my long-term capital gains is not a bad deal.
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2 January 2025 | 21 replies
While downpayment requirements are higher, still a great option.
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10 January 2025 | 18 replies
Commercial properties can be lucrative, but the financing/underwriting required from lenders is generally more "conservative" relative to residential and usually have higher interest rates (unless you have a "rock star", long-term commercial tenant in place) and generally require more equity from the borrower compared to residential.
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4 January 2025 | 0 replies
I learned that with an A-Class tenant expectations are higher and had to step up my level of service.
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6 January 2025 | 17 replies
But since you will be able to finance with LTVs, potentially higher leverage may be used and can scale the portfolio faster with the right strategy.
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4 January 2025 | 14 replies
If you can save up for a slightly higher down payment your margin for success will be significantly higher.Also, I strongly agree with the "buy the worst in a great neighborhood, live in the worst unit of the triplex and slowly fix it up yourself."
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1 January 2025 | 12 replies
Charge the tenants a higher rent rate and include utilities with their rent.
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3 January 2025 | 7 replies
So the lower the interest rate on the subject to loan, and the higher the prevailing rate, the more chance that a lender will initiate action.