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20 December 2024 | 10 replies
Even in the off-season - you can optimize visibility by setting competitive pricing, using high-quality photos, and enabling Instant Book with flexible policies.For older listings, try adjusting prices with dynamic tools, highlighting upgrades, and regularly updating your title, photos, or descriptions to stay fresh in search results.These tweaks can make a big difference!
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22 December 2024 | 1 reply
He could have sold it to any investor, but he called me because he trusted I would handle it with care and respect his wishes.
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19 December 2024 | 5 replies
For something more robust, tools like Excel or online calculators from financial planning sites might better suit your needs.Your ROI Formula:ROI = (Net Cash Flow ÷ Total Out-of-Pocket Investment) × 100For your scenario:Net Cash Flow = Annual Rental Income - (Mortgage Payment + 401k Loan Payment + Other Expenses)Total Out-of-Pocket Investment = $40,000 cash + $50,000 loan payments over 5 years.I came across a piece in Bloomberg recently discussing creative financing, and they touched on ROI calculations for multiple loans.Personal anecdote: A buddy of mine leveraged a 401k loan for a fourplex.
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18 December 2024 | 20 replies
RTC stands for "Over the Counter" which itself means, liens that were not sold at the original lien auction and are available no on a first come first served basis at face value.
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19 December 2024 | 1 reply
https://www.har.com/content/department/mlsHouston Real Estate Highlights in November, 2024:-Single-family home sales increased 6.0 percent year-over-year;-Days on Market (DOM) for single-family homes went from 48 to 52 days;-Total property sales were up 3.3 percent with 7,750 units sold;-Total dollar volume rose 11.1 percent to $3.1 billion;-The single-family median price was up 1.5 percent to $329,900;-The single-family average price climbed 4.1 percent to $418,903; -Single-family home months of inventory registered a 4.4-months supply, up from 3.5 months last November.
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15 December 2024 | 18 replies
The DSCR loan is a great tool because it's looking at the income potential of the property, not just your personal finances.
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19 December 2024 | 1 reply
After undergoing a complete renovation, I sold it in 2018.
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24 December 2024 | 25 replies
I have a good friend who has one or two in Phoenicia, or may have sold one there.
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17 December 2024 | 4 replies
You can use Airdna & other STR estimator tools to get data on potential income/vacancy based on your location and property size.
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21 December 2024 | 8 replies
I had some luck in real estate groups and by sharing success stories, but the pace was slower compared to paid ads or SEO methods.One thing I recently explored was incorporating tools like those for Social Media Posts using AI.