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20 July 2024 | 5 replies
@Deepak C.you can use Turbo tenant to find tenants, going through a PM company is going to be your best bet for management - most will want 8-10% of the rents.
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20 July 2024 | 11 replies
If not, DSCR would likely be your best bet.
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19 July 2024 | 5 replies
However, there is very little on the internet about the program except the content put out by Palliser.
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20 July 2024 | 9 replies
That’s the best bet.
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19 July 2024 | 12 replies
Properties, for novices, which look good on paper and have good cash flow usually come with C to D+ areas, risky tenants, and a lot of cap ex that you can't see on the internet (basements, roofs, water issues, outdated mechanicals).You are turning a terrible loss into a springboard which is great, but you are trying to move too quickly it sounds like.
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21 July 2024 | 9 replies
Yet if the numbers were to far exceed the proforma, you can bet they wouldn't be willing to give you any of that money back. :-)I wonder if you could take another actual cabin and do a 5 year example of ownership on the actuals for that cabin and then put that those numbers can't be used as a guarantee for any other cabin's future returns.
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20 July 2024 | 10 replies
Commercial is your best bet (rates are actually closer to 7-8%) or you can have a loan against your other assets such as brokerage, retire accounts, or a group LOC for your other properties.
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20 July 2024 | 13 replies
Might not be 100% safe but it seems like a pretty sure bet
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19 July 2024 | 10 replies
There is no supervising this one from Internet.
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22 July 2024 | 38 replies
Internet can provide a lot of misleading information so everyone should make their best judgement.