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15 March 2024 | 11 replies
We love CA, but as an STR location it is probably not at the top of the list right now, but our list seems to change daily, so we will see.
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15 March 2024 | 13 replies
Food for thought good luck!
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14 March 2024 | 50 replies
Allows you to tinker with occupancy, daily rates, various expenses, and loan assumptions.
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14 March 2024 | 3 replies
I've traveled around the area and talked to some store owners from Asian Foods Supermarket and Lil M bubble tea shop, and have heard great things.
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14 March 2024 | 9 replies
We complement each other to be sure we get a quality product for the owner.The parallel is that you could find a business partner that is the store front and does the people interactions while you quietly attend the meetings commenting on occasion, but are the brains behind the details and the analysis.Just food for thought.Sincerely,Joe
14 March 2024 | 13 replies
Lending to a flipper is much riskier and carries a much higher risk premium than owner-occupied loans, which currently carry a National Average according to unbiased publication Mortgage News Daily, of 7.13%.
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14 March 2024 | 0 replies
The acceleration of low rates has faded and we find ourselves similar to our previous norm for growth.I don't pretend to possess a crystal ball, no investor or agent could, but drawing on my experience in the daily dynamics of the market here in Raleigh, and looking at the facts, a price drop seems unlikely in the next few years.
14 March 2024 | 60 replies
We have policies, systems & processes in place to handle the volume of in-bound communication we receive on a daily basis.
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19 March 2024 | 323 replies
This can also be a real estate agent who is familiar with the renovation process, and might even be the same agent as you use for #1 above.Long story short, if you can't be there personally, you need to ensure that there is someone who has a holistic view of the project on-the-ground and looking out for your best interests on an almost daily basis (and this shouldn't be the contractor).