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4 January 2025 | 25 replies
if it is serious I have a couple of questions for you 1) what is the last syndication that you have seen that did not project a majority of the return from value increase?
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27 December 2024 | 2 replies
I realize this comes with the STR business but if I'm going to continue to use VRBO I need to find away to attract the "good" guests and minimize the bad ones.
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3 January 2025 | 7 replies
Further, BPOs and appraisals show the properties have increased 50 to 60% in value during the last 3 years.
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3 January 2025 | 18 replies
The irony is that this might actually attract more unscrupulous out of state investors.
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4 January 2025 | 28 replies
What is great about teak is wild teak is drastically diminishing while the demand is increasing.
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1 January 2025 | 13 replies
Banks, particularly smaller banks who provide real estate loans are increasingly focused on their borrowers maintaining depository relationships.
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28 December 2024 | 11 replies
(They have other properties throughout the area listed as "approximate location" and not just this one, but most are listed as "location" with development name, street name or near an attraction.)
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30 December 2024 | 1 reply
I am hopeful they will want to work with me to get things repaired and updated to validate appropriate rent increases.
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2 January 2025 | 11 replies
It wasn’t how I wanted to kick things off, but I worked with a contractor to get the bathroom fixed and functional.Once that was behind me, I focused on improving the building and maximizing income:I installed a shared washer and dryer for the tenants, a major upgrade that added convenience and increased the property’s value.I rented out the two garage parking spaces, bringing in consistent revenue.I also raised rents for the second- and third-floor tenants I inherited to be just below market-rate.
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2 January 2025 | 21 replies
It's a riskier loan given you do not carry a social security, no US credit & no experience.Due to increased risk comes mitigation (Lower LTV & Higher Rates)