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27 January 2025 | 12 replies
You can still achieve it, but finding deals that actually pencil out on all criteria (low enough purchase price, low enough renovation cost, cash flows on the backend, all cash out at refinance) is pretty hard.
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9 January 2025 | 15 replies
Ditto, I use PriceLabs for my STRs - here is a nice writeup ...Airbnb Smart Pricing Vs PriceLabs: An In-Depth Comparison For Hosts | Boost Your Short-Term Rentals
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3 February 2025 | 3 replies
There's no reason to provide details, though I do let people know if anyone asks that we do not accept bulk up-front rent payments or anything like that because I absolutely do not want a prospective tenant to think that someone else swooped in with a bunch of cash last minute.
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7 January 2025 | 3 replies
Or any amount of cash you take out from the exchange are considered to be profit.
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31 January 2025 | 6 replies
Self managed HOAs are usually undercapitalized so you want to take a thorough review of the condition of the community to make sure there isn’t deferred maintenance because you might get hit with a special assessment if the board isn’t setting aside cash for those capital improvements.At face value, taking into consideration my typical financial objectives, I wouldn’t do this deal unless it was a much lower price.
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5 February 2025 | 1 reply
Any positive cash flow should go towards paying off debt.
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6 February 2025 | 12 replies
In a market like this you will get in the way of obvious appreciation.Then you can look for a deal that cash flows in your favorite market market.
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9 February 2025 | 32 replies
The appraiser is there to determine fair cash value.
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6 January 2025 | 5 replies
A cash out refi should take 2-3 weeks with most lenders, and you should have only an appraisal a credit report fee as upfront costs.
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28 January 2025 | 9 replies
There's a monthly cash flow 101 game in Bloomington through MN REIA.