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5 March 2024 | 2 replies
Everyday I consume and take notes on what I read and watch.
5 March 2024 | 11 replies
The software nerd 5 levels up is the one who does the bulk data entry saying "if it's 2-4 unit, here's this hit, and if it's cash out, here's the hit for that," and so on.If, at the Fannie Mae level, some hit goes away, but "Johnny consumer" does not notice it, and they can leave it in there, and take that extra profit, I'm sure you can see why they might have an incentive to do that.
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6 March 2024 | 9 replies
The real estate/business lending space is HIGHLY regulated - the same regulations which aid you and protect you as a member of the LGBTQ community or ANY OTHER community also apply in the other direction and to all other consumers.
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5 March 2024 | 7 replies
Then follow those concerns with solutions, such as having a system in place for tenants to make maintenance requests (including in emergencies), why all of your spare time won't be consumed by these investments, being properly insured against hazards, etc.Your wife doesn't have to be passionate about real estate like you are but if you address the concerns upfront, it's much easier to get the ball rolling in the right direction.
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4 March 2024 | 8 replies
It's time consuming.
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5 March 2024 | 27 replies
I do this at a more basic level, meaning fewer, larger lots in more rural areas.
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4 March 2024 | 6 replies
We worked to cultivate cash flowing houses as the base of our investment pyramid, followed by fewer, nicer houses in an appreciation area (fancier houses in a beach side location), which we use for STRs.
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3 March 2024 | 4 replies
. $2k/month) will require fewer properties than areas with lower rent (e.g. $800/month).
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4 March 2024 | 18 replies
To identify demand hotspots for vacation rentals, we will use a two-step process: First, we will plot on a map all of the Airbnb listings on the island.Then, we will remove listings from this map that have received fewer than 30 reviews in the previous 12 months.Thirty reviews—why?
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2 March 2024 | 3 replies
This law applies to all properties, including rooms and guest houses, that are rented for fewer than 30 consecutive days[1][3].