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2 February 2025 | 4 replies
@Benjamin Sanders I agree that getting multiple quotes is the best approach.
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11 January 2025 | 9 replies
I wouldn't be opposed to having a little skin in the game (closing costs, inspections, etc) I would be living there paying market rent and doing the improvements myself.
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29 January 2025 | 9 replies
It is not uncommon for auctions like this one to get rescheduled multiple times before ever actually making it to the courthouse steps.
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30 January 2025 | 2 replies
We have already talked with multiple HVAC contractors and splitting to two zones is just not an option because of steam heat.
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22 January 2025 | 14 replies
@Stuart UdisAll great comments, seems like putting skin in the game will be a reassuring factor for any potential investors.
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6 February 2025 | 13 replies
I have been frustrated with multiple things that my current property management company has been doing, and I don't feel like they communicate very well with me.
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28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.
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27 January 2025 | 2 replies
At one point years ago, I toyed with the idea of owning giant apartment complexes in multiple cities.
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17 January 2025 | 20 replies
If I was not starting from scratch, like I did myself, I would buy SFHs because I prefer their long-term flexibility, relative scarcity, and multiple exit strategies to MFH.
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31 January 2025 | 27 replies
The algorithm scans keywords in your listing description and even the alt text of your photos to determine relevance.For example:A picture of a game room could land in the "Play" category if the photo’s alt text is labeled something like: “Amazing game room with ping pong and pool table.”A picture of a beautiful view of land with the alt text being “Beautiful view of the countryside”Your photos can do more than look good—they can strategically get your listing into multiple categories by including targeted alt-text descriptions.The more categories you rank in, the more visibility your listing gets, leading to more clicks and higher rankings in Airbnb search results.Testing and Improving Your CTROnce your photos are optimized, it’s time to test their impact.