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22 July 2024 | 8 replies
Hello Nicholas, there are a few drawbacks: -Complexity and Scrutiny: This approach could attract scrutiny from the IRS, as it's not a typical way to manage rental properties.
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22 July 2024 | 9 replies
Some lenders are okay with Foreign National STRs but the rates and terms may not be as attractive.
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22 July 2024 | 9 replies
But if you are committed to purchase, a 2/2 would prevail over a 2/1, the price difference has to be nominal and now you might attract a different user like tow couples or adult friends that don't want to share a bathroom vs a young family that the kids are okay to use the same bathroom as the parents.
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22 July 2024 | 10 replies
What has you attracted to these two markets specifically?
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23 July 2024 | 27 replies
What I thought was too rural, to many is exactly what attracts them to there.Just yesterday I was speaking with a potential tenant who was saying he needed a place but did not what to be within city limits.
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21 July 2024 | 7 replies
I've seen a lot of conflicting advice that cautions to avoid areas with high crime rates due to complications and extra costs from the tenant base and property crime.I understand that both cities have shown crime rate improvements, but their overall rates are still way above average.What makes these cities attractive for investment despite this?
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22 July 2024 | 37 replies
LA is a sprawl of smaller cities where people live and work, and most of those cities are fine. there’s a reason the south bay attracts residents and companies, and it’ll be a long long time before those fundamentals shift.
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22 July 2024 | 9 replies
This way, you don't rush into selling a property that still holds potential and you can gauge the viability of short term rentals without fully committing yet.Additionally, talk to a few local property managers or even consider different marketing strategies to attract tenants.
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20 July 2024 | 32 replies
Where you would rent out the property say June-September to vacationers for the peak summer season.
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20 July 2024 | 13 replies
It seems to be attracting buy and holds in hopes there is a turnaround to capitalize on.