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2 August 2024 | 4 replies
Only downside would be if you wanted to rent some garages without including charging.
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6 August 2024 | 28 replies
I have doctors that I invest for and frankly the biggest problem is convincing hem they are not the expert.
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4 August 2024 | 10 replies
Looking at AirDNA results, my biggest concern is occupancy rates, most of the calendars I look at have large gaps in them, and when you spend close to $500/sq. ft at current prices (in STR-designated areas), your property needs to rent well above 80% or you charge crazy nightly rates.We've also seen very few property management companies that charge less than 25% there (and 25% is rare), and some STR neighborhoods require you to use their designated PM (Desert Colors only allows Red Rock, and they are at 40% commissions - ouch!).
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4 August 2024 | 13 replies
Unless you own the house cash, in addition to the advice you've received, you can't just transfer a house from personal to an LLC without risking the option of the loan being called since the LLC does not have two years of tax returns.For new investors without cash to buy, LLCs are about the biggest cause of analysis paralysis out there.
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31 July 2024 | 3 replies
However, there are downsides that should always be discussed, i.e. lower quality tenants, older homes, etc.
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2 August 2024 | 2 replies
One of the biggest mistakes that investors make is they are not clear on what it is they want to invest in, and what their goals are with their investments.
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1 August 2024 | 29 replies
This would protect you from downside, while offering potential upside. 3.
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2 August 2024 | 7 replies
You will be way ahead of the curve.Your video production skills will be your biggest asset to trade for experience and you need to keep this in mind.
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2 August 2024 | 10 replies
Probably their biggest weakness is that they don't have a lot of volume.
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1 August 2024 | 7 replies
I was the biggest skeptic on this website until I did some research.