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24 February 2025 | 2 replies
That is a deal-killer for some groups and others will cut back leverage, so be prepared that way2) Make sure it is with a lender that is licensed in ID, it has some different rules up there so confirming ahead of time would be good.3) Include those monthly escrows into your monthly expense calculation, DSCR lenders do, so make sure you are on the same page4) With that, make sure that the lender you work with will go down to 1.0 on their DSCR if it is going to be tight.Good luck in your decision!
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10 February 2025 | 2 replies
4) Bathroom time limits?
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9 February 2025 | 12 replies
Quote from @Joy Daniels: As a short-term property manager I've seen how this industry changes so often—new guest trends, tech tools, and regulations seem to pop up all the time.
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8 February 2025 | 2 replies
Depending on the type of commercial you want to get into my suggestion is to go work for a company that does commercial real estate as learning from people who do it and getting paid at the same time is not a bad strategy
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20 February 2025 | 5 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!
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14 February 2025 | 4 replies
After some time, I received an email warning from Airbnb that I was in violation by posting external links so I took them down.
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23 February 2025 | 9 replies
There is also a significant time investment in continuing education, and as others have mentioned, liability.If the goal is to access off market properties, simply having a license and MLS access won't necessarily help.
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4 February 2025 | 4 replies
Thanks in advance; this question seems to come up from time to time
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13 February 2025 | 1 reply
Again, I used my parents but this time only as lenders of part of the money for the down payment.
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11 February 2025 | 2 replies
Since there are not many ways to reduce taxes retroactively for a previous year, understanding options like these can be particularly valuable at this time of year.