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15 December 2024 | 4 replies
My vision includes developing the land into a destination with features like driveways, walking paths, utilities, and unique lodging structures.Here’s my tentative plan1.Place the existing STR in an LLC2.Apply for an SBA small business loan to fund the next steps, including a feasibility study (~$10k+), land clearing, and infrastructure development.While this direction excites me, I’m torn between pursuing this venture and continuing with a more traditional approach—buying one home per year using conventional loans.I’d love to hear your thoughts:•Has anyone transitioned from STRs to glamping or similar ventures?
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24 December 2024 | 3 replies
It was definitely a learning experience more than anything.
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17 December 2024 | 16 replies
@Yents Ybrimovicyou should definitely start with a house hack.
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21 December 2024 | 14 replies
Living and working overseas can present unique challenges when it comes to securing financing, but there are definitely loan options designed for situations like yours.
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9 January 2025 | 46 replies
First, we started the firm in 2020 and have definitely ran into our rough patches as a fast growing company (we were recognized by Inc. 5,000 in 2024 as #105).
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21 December 2024 | 2 replies
Sometimes they’ll let you add meters and mailboxes without rezoning, but that depends on local rules, so definitely ask.For the septic, upgrading is probably a must.
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4 January 2025 | 26 replies
I think you definitely need a smart tech stack and to use automation as you said, you just overlay the personal touch and automate the minutia.
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21 December 2024 | 3 replies
I have thought about Ohio as well but may stay local and we definitely need to put time into our STR's to get them better.
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21 December 2024 | 12 replies
Perhaps slightly higher from an alternative lender but definitely not from a credit union and expect much higher fees.
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15 December 2024 | 12 replies
Its not near any major cities where someone might look at it as a long play for path of progress.Another option might be to see if a solar farm or wind farm company might be interested once its clear cut.