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3 July 2024 | 36 replies
Hospitable is likely your best bet.
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2 July 2024 | 7 replies
Good stuff - you are pretty spot on - technically people max out under conventional loans at 10 - but oftentimes its with fewer properties as people run into hurdles before hitting 10, some of which you mention - wanting to diversify strategies, multifamilies, needing LLCs etc.I think you are on the right track for DSCR Loans - I always say that DSCR is really perfect for people in the 5-50 property range - typically conventional is the best fit with your first few, and then when ready to make the "jump" to scaling bigger and faster - DSCR is the best bet.
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1 July 2024 | 4 replies
There are obviously a lot more factors that go into it - real estate is always going to be a mix of the tangible property/market itself with a mix with the investor/operator including experience, risk appetite, financial situation etc.I would say however if you are just getting started in real estate - LTRs are probably (in a vacuum) the better bet as STRs are certainly more sophisticated and challenging from an investor perspective
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30 June 2024 | 4 replies
In other words much safer to purchase a property in the name of your LLC than to purchase in your name and transfer to LLC. 8.
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1 July 2024 | 8 replies
But... if it is, I think your best bet to find the type of syndicator you've described is... offline, and over a period of months or years.
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1 July 2024 | 7 replies
Next up is inventory, tech job losses and property taxes.My bet is that as rates go down buyers will jump back in the market in a big way.
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1 July 2024 | 2 replies
I won't say you will never make the same mistake again but I'd bet money on any of your next deals you don't make this mistake again.
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2 July 2024 | 10 replies
DSCR Would be your best bet, we can structure these loans a few different ways to meet your needs.
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1 July 2024 | 8 replies
This could make your ADR less competitive, but if marketed correctly I'm betting that people might perceive more value, which keeps occupancy at least the same.I'm thinking of a model where you tell guests they have "add-ons included" like grocery delivery, prepared breakfast package, attraction tickets, inner tubes, etc.
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30 June 2024 | 9 replies
I bet you are starting the call by telling them they are in preforeclosure.