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6 February 2025 | 20 replies
As MFH is dropping there shorts to get and keep full occupancy, offering every spif imaginable, larger units are to accommodate families of size or multi-gen living is a rare inventory.
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5 February 2025 | 28 replies
Like you said, identifying what areas in your property are unique and can be designed to offer your ideal guest value.
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10 January 2025 | 8 replies
This ability to offer a full-service experience not only sets us apart but also keeps revenue flowing, even when the market shifts.4.
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6 January 2025 | 7 replies
Hey @Timothy Hero, we have several lenders in our network that offer DSCR on 5+ units.
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4 January 2025 | 12 replies
An experienced agent will list your property with the language, "no showings until an accepted offer", to avoid violating your tenant's rights to the peaceful enjoyment of their home - possibly resulting in their lack of cooperations and a lawsuit against you.
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9 January 2025 | 15 replies
Any pricing-related tool offered by the OTA itself (think of VRBO, booking etc) is there to ensure you are getting heads in beds at any rate possible, just to ensure they are getting paid.
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6 January 2025 | 4 replies
Just closed on one for a client over the hill in Reno, NV, that was sitting on the open market and they took an aggressive offer.
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6 January 2025 | 7 replies
DSCR Loans - Both Purchase and Cash Out Loans- Investors typically use these on the cash out portion of the BRRRR Strategy - Minimum Downpayment, usually 20% but some lenders offer 15% down - Max LTV on Refinances, typically 75%, but some lenders will do 80% - Minimum Title seasoning (since the property was purchased and recorded on county records) is 90 days, although some lenders have no seasoning at all as long as you can show rehab work completed. - 30 year fixed terms - Usually have a Prepayment Penalty from 1-5 years, although you can price out a 0 PPP for a higher rate or fee- Minimum Credit score is 650 usually, although you could do a lower LTV loan at 620.
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13 January 2025 | 16 replies
Hi Marc - Aircover offers some protection for damages caused by guests, but it’s limited and doesn’t replace having dedicated STR insurance.
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5 January 2025 | 0 replies
Sellers are offering incentives like paid closing costs, and with homes sitting longer on the market, buyers have more room to negotiate!