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15 December 2024 | 4 replies
My vision includes developing the land into a destination with features like driveways, walking paths, utilities, and unique lodging structures.Here’s my tentative plan1.Place the existing STR in an LLC2.Apply for an SBA small business loan to fund the next steps, including a feasibility study (~$10k+), land clearing, and infrastructure development.While this direction excites me, I’m torn between pursuing this venture and continuing with a more traditional approach—buying one home per year using conventional loans.I’d love to hear your thoughts:•Has anyone transitioned from STRs to glamping or similar ventures?
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31 December 2024 | 13 replies
I’ve definitely been stuck in analysis paralysis, now I feel I really need to make up my mind and target purchasing my first OOS property in the next few months.
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23 January 2025 | 52 replies
Just keep answering questions :)There is definitely nothing better, or even close out there, that's why I think the technology drag isn't emphasized.
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28 December 2024 | 26 replies
Randi, the program is definitely worth the time, effort and money spent.
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24 December 2024 | 3 replies
While traditional loans might be tough with current interest rates and no W2s, there are definitely creative financing options and strategies to consider.One possibility is exploring seller financing.
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28 December 2024 | 12 replies
So I would definitely not write that area off.
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17 December 2024 | 16 replies
@Yents Ybrimovicyou should definitely start with a house hack.
19 December 2024 | 5 replies
Keep pushing, trust your gut when it’s backed by solid info, and keep leaning on the people who’ve trekked a few miles down this path before you.- Dennis Bragg & Jasper
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23 December 2024 | 5 replies
Long term is definitely an option.
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19 December 2024 | 8 replies
Down around those areas you'll be swimming in a sea of cabin competition, so a Scandinavian style or something otherwise standout might be the only path to making more.