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9 February 2025 | 15 replies
There are short-term rental management companies that can help with that.One that I work with in Michigan covers the entire state and can advise on local short-term rental regulations or regulations that may be on the way, they can give you an analysis of the demand for short-term rentals in that area, nightly rates in that area, monthly occupancy percentage, and projected monthly income.They also let you choose the level of service you would like from them from full service to minimal.To your success!
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27 January 2025 | 12 replies
As @Jonathan Greene mentioned this is kind of a dated strategy in the new price/interest rate environment.
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26 February 2025 | 34 replies
Just for fun my bookkeeper makes $50/hour which is 2.5X what the going rate for other jobs is in my area.
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12 February 2025 | 17 replies
These neighborhoods seem to fit my goals, especially with their lower crime rates and potential for growth.Do you think these are solid options, or would you recommend other neighborhoods in the Philadelphia area based on the price range and focus on appreciation?
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29 January 2025 | 6 replies
3) Your $250k with 30% down => about $750k (you also need funds for closing costs, taxes, etc.)
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20 February 2025 | 11 replies
if you miss your rate lock timing and it costs you to relock who should pay for that?
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21 January 2025 | 4 replies
My question is where do I start with funding and how would I find investors if needed?
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23 February 2025 | 6 replies
Land is very risky, and being in hawaii makes it even more challenging - thus reason we see higher rates on land. could it be less, yes, it could be in the 15% range but i would be shocked if someone would be in the 10-13% range.
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16 January 2025 | 17 replies
Also I've heard of some DSCR loans that are not too far off from conventional rates.
12 January 2025 | 10 replies
The rates will be lower and will allow you to maximize profits.