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6 January 2025 | 8 replies
To list a few...Anyone who wants to increase their property’s income potential (and equity) and build new housing in a market that struggles with high prices, low supply, and few new construction.House hackers who live in their primary and want to airbnb an ADU love this strategy or vice versaInvestors who want to do both long term and short term benefit from having two separate units.Rental Restrictions on ADUs.Thankfully, Raleigh is very STR friendly and ADU friendly right now.
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17 January 2025 | 8 replies
Highly reccomend joining local investor Facebook groups.
13 January 2025 | 7 replies
Let’s break this down:The case for holdingThe 4.75% interest rate is a valuable asset in today’s high-rate environment.
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16 January 2025 | 11 replies
Since Airbnb remits at the state level when I see high numbers (or low) of what I am remitting for other OTAs/direct I then drill down to make sure listings are optimized on all channels.
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12 January 2025 | 5 replies
I looked into this at more than one occasion, because Milwaukee has such an old housing stock, everything is 60-120 years old.Most of the new apartments we see are 4 and 5 star developments with very high rents, this allows to offset the high cost of construction a little better.
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16 January 2025 | 17 replies
I was going to buy a owner occupied duplex with 3.5% down then buy an investment property using 25% down but my DTI ratio would not qualify for both mortgages in the same year unless I used a dscr loan but then the interest rate would be very high, and it'd be hard to make a deal work using a dscr loan because of that.
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19 January 2025 | 354 replies
high priced markets like west coast pricing might be 75 to 95% of note value..
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14 January 2025 | 1 reply
And because I'm looking for a long term finance situation, I'm not looking for a loan that is going to have a really high interest rate, with hopes of refinancing later.
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1 January 2025 | 22 replies
However, while I was still getting contractor bids for different projects, I found 3 different companies that are quick (based off of their contracts and guarantees) and have good quality of work (based off of previous and current investor feedback) but come at the cost of price.
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14 January 2025 | 2 replies
-PatrickA high yield savings account has a number of advantages.