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31 January 2024 | 7 replies
The best way to get around that is to fund a heftier down payment, wait for rates to decrease, or find a 2-4 unit that will allow higher rental income.
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28 January 2024 | 12 replies
Just too many points of failure, temporary or otherwise and tenants would be unable to deal with re-starting them.
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28 January 2024 | 5 replies
There are ways to fix it, for example by paying off credit cards and decreasing utilization rates.There are options you can take with bad credit, but in general, increasing your credit score significantly increases your options.
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28 January 2024 | 0 replies
A decrease in migration could lead to lower housing demand in border towns, whereas increased settlements in Texas could boost demand.
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29 January 2024 | 7 replies
What I read about the all-in-one loan is that the line amount is not due back after 10 years but that the amount you can borrow gets decreased by 1/20th in the 11th yr and then 1/19th the next year and so on until the line is down to $0 by year 30.
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30 January 2024 | 13 replies
I was able to refinance at a $300k valuation but I don't really want to hold these assets.I have the same issue with another 10 unit I own and another 6 unit.You significantly decrease your buyer pool on the exit, in exchange for stronger rental income during the hold.My investment strategy has always been buy, increase property's income, sell for a profit and keep growing but STR/MTR might not be conducive to this strategy.
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29 January 2024 | 14 replies
You may do well marketing to Realtors for clients relocating to the area who need temporary housing.
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29 January 2024 | 1 reply
Notice the sharp decrease in both MoM and YoY (down ~19%).Rentals - Closings by MonthRentals - Months of SupplyInventory stayed under 1.4 months for much of 2023.
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31 January 2024 | 14 replies
In addition, the STR rents have decreased.
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30 January 2024 | 68 replies
A mix strategy with a portfolio in single family houses focused on long-term to decrease taxes, multi-family properties for short-term for passive cashflow and flips for more $$$ to invest is the best strategy.