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4 October 2024 | 8 replies
But I decided to test the Air BNB venture.
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2 October 2024 | 2 replies
Sometimes for 12 months, hopefully for years.This ongoing transaction (relationship) is much harder when things are disjointed, expectations aren't met (or properly set), people are curt, or worse.Find a PM that passes the sniff test of someone you want to build that relationship with.
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1 October 2024 | 5 replies
@Delmar Marsh JrAs you begin your investing career I would suggest using this website to get a general idea of the area you are looking to invest in. https://www.areavibes.com/Its a great starting point and gives you a whole list of data that you can look through.
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7 October 2024 | 34 replies
That means increasingly better cash flow.I expect Detroit prices to 2x in the next 5+ years given what's happening there and the current trajectory.That said, again, if you believe investing in CA will match your goals it's a great, time tested market.
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1 October 2024 | 5 replies
Yes I pay more for her (around $10/hr) but you get what you pay for.If people message me happy to provide company name, what they do is they find the VA's and have them take Culture Index and other tests and they prescreen them, then you interview them and select the best fit
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1 October 2024 | 6 replies
I've been buying and holding for SFH's rentals for 15+ years, but my goals now are Cash flow (70%) and Appreciation/Equity (30%) so I can invest faster/grow more in shorter periods of time.I ran this: View report on BP as a really rough test for investing in this property (3-plex, but also offers an attached 3-plex for consideration).
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30 September 2024 | 10 replies
The catch is the self-sufficiency test.
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1 October 2024 | 12 replies
Typically I would run a stress test to assure what my max purchasing/borrowing power would be because there are multiple factors that could influence your borrowing power such as house market prices, rates, income, liabilities.
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3 October 2024 | 16 replies
You can type in the properties address and it pulls data from airbnb and other short term site to give you from what I've read a pretty accurate estimation of Occupancy rates and income.
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1 October 2024 | 1 reply
The most recent data show that record momentum continues for the residential rental industry especially for the short-term rental industry, with year-over-year bookings now exceeding pre-pandemic levels.The complexity of the problem hinges on the definitions of “short-term” versus “long-term” rentals for tax purposes.