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2 October 2024 | 5 replies
I did STR in a duplex starting back in 2017 and managed for others in North Conway, Ive since converted to all long term tenants and happy i did so... unless your property has something unique or a "rare" amenity.... like, sleeps 30, I honestly would not waste any energy on it in the north Conway area. so saturated, and so much big money being invested in the hotels, its tough to match amenities vs cost, and I see travelers trending back towards the hotel style accommodations. granted, for the right price, I'd buy anything and figure out what the best use for it is. use airdna.co for decent data on # of Short term rentals in any particular market. can also identify opportunities. the point of my response.... be careful in STR in any area and always have a plan B. you can change a lot of things about a property, but your cant change your basis!
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1 October 2024 | 6 replies
It is pretty rare to see copper used in waste lines.
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2 October 2024 | 6 replies
We process nearly 1,000 applicants per year and rarely have criminal problems.
1 October 2024 | 10 replies
I’m unsure if HEL or HELOC or selling the rental, doing 0% balance transfers makes more sense, or a combination.
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30 September 2024 | 9 replies
Land loans are the riskiest type of loan for a lender to give, so they are rare to find.
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1 October 2024 | 21 replies
@Ryan A Shumaker All the packages mentioned above are good options if you are doing just a deal or two but if you plan to do multiple deals over the next few years, you may want to look at customizable funds provided by Avestor that combine the best attributes of funds and individual syndication deals.
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29 September 2024 | 21 replies
Contribution - some want to provide good housing options.Most will have a combination of all these factors.QUESTIONS.What type of cash flow are you looking to generate?
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2 October 2024 | 11 replies
Facebook rarely provides quality applicants.
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3 October 2024 | 15 replies
Your first is already risky enough since you lack experience, combine that with 100% funding and the risk is through the roof.
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30 September 2024 | 13 replies
I had my attorney file the proper paperwork to redeem the overage, which was recently granted.So I don’t know who you are, but thank you, Ben I would have eventually discovered this but not as early as I did. thats a winner rare but you will take it right ??