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30 January 2025 | 5 replies
I think with the time you’ll spend working on this, you could find 2-3 existing parks to buy in the meantime and not need to take anywhere near the same risk
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4 February 2025 | 4 replies
Dial in your buy box, then be swift/actionable when ready.
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23 February 2025 | 10 replies
Looking to buy a foreclosed home near Shenandoah to turn into STR!
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6 February 2025 | 18 replies
Don’t forget practical items like toiletries, a cozy blanket, and a handwritten welcome note.To balance cost and quality, consider buying in bulk or looking for local products that offer great value.
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22 February 2025 | 29 replies
I'm not saying I would do this, and I haven't done the math yet, though I think I could get a normal policy with hurricane/wind as well as the prosper policy for less than it would cost to add wind/hurricane to the prosper policy.Hurricanes typically turn into tropical storms at best by the time they get to Orlando, so I don’t buy the same type of policy they offering for those on coast.
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28 January 2025 | 4 replies
Originally posted by @Andrew Lastivka:Hello, I am a new STR investor and looking for an agent in Central, Ohio and Fort Lauderdale, FL, and surrounding Phoenix, AZ area who specializes in STR's that can assist in buying properties and/or rental arbitrage.
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8 February 2025 | 7 replies
Last thing to consider is if you are buying a new home, will you want to do 100% financing and will you have the remaining bonus entitlement to do so.
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31 January 2025 | 0 replies
Imagine making millions of dollars over the course of your career and then having to pay 30-50% every year to uncle sam instead of compounding that cash over time.This is exactly what real estate professionals have learned to mitigate.To reduce their taxable income, they just buy a building every year, do a cost seg, and use depreciation to reduce their tax liability dramatically.Their personal wealth snowball grows much larger and much faster than their W2 counterparts who give most of their money back to the government each year.Following this strategy as a real estate professional is one of best ways to end up with a much larger net worth at the end of your career.
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10 February 2025 | 3 replies
Many groups buy cash flow negative deals and overraise to pay distributions right away.