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26 December 2024 | 13 replies
I want to refurbish the entire house, including a complete kitchen and baths renovation, add an addition on the east side, new roof and siding, new flooring everywhere, paint inside and out"Then ask the GC to go over and put this into a more formal document.
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27 December 2024 | 66 replies
The coastal land is already near built out including Miami.
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30 December 2024 | 89 replies
Total Revenue to date for airbnb ArbritageSo this is the part that a lot of people care about INCLUDING myself, so I've been really successful I can say that I have done a great job with researching and expanding so far, in I have made in total revenue *drum roll please* $204,301.84 with profit averaging around 20-35%.
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26 December 2024 | 3 replies
Areas close to BlueOval City will likely see an increase in housing development, including single-family homes, apartments, and short-term rental properties for contractors and temporary workers.
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24 December 2024 | 2 replies
We list what we include and do not include in the text portion of our advertising.
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27 December 2024 | 15 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
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24 December 2024 | 25 replies
@Thomas Polise has multiple STRs there, including one that is a four-plex in the middle of town.
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24 December 2024 | 9 replies
Expenses: What are the operating expenses, including taxes, insurance, maintenance, and reserves?
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24 December 2024 | 6 replies
It's a good little loophole for a short-term rental of your home, including renting it to your own separate business.
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28 December 2024 | 12 replies
It's just much easier for everyone, including the tenant.