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8 July 2024 | 6 replies
If it's permissible then the #1 feature for top producing STR's is proximity to water.
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7 July 2024 | 2 replies
New Orleans, with its strategic location at the mouth of the Mississippi River, emerged as a crucial hub for commerce and shipping, attracting entrepreneurs and investors eager to capitalize on its strategic advantages.The Louisiana Purchase not only reshaped the geographical landscape of the United States but also catalyzed economic growth and opportunity on an unprecedented scale.
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7 July 2024 | 11 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
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9 July 2024 | 6 replies
Identify some sizzle features that are NOT expected in typical rentals in your market and look to add a couple (NOT ALL) and only the ones that are easiest to add (low hanging fruit).
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8 July 2024 | 18 replies
Have always owned homes but would consider a condo with an amazing view or unique features.
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6 July 2024 | 5 replies
Regular reconciliation of accounts and maintaining a clear separation between personal and business finances is crucial.
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12 July 2024 | 155 replies
I'll always choose the space that has a special feature or two like a fire pit, fire place, hot tub, nice deck for BBQ'ing, etc.
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10 July 2024 | 31 replies
Upgrading these features can significantly enhance the appeal of your property and justify the higher rent you aim to charge.
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7 July 2024 | 5 replies
Some real quick items here:VA Loans are for Primary HomesYou can use VA Loans for 1-4 unit properties (House Hacking)VA Loans have 0% downpayment (most of the time)You can have more than 1 VA loan (some people don't know that)VA Loans do carry a "funding fee" which is like a little "tax" to write the loan, but it is waived if you are a disabled veteran.VA Loans do not have PMI (and that's a huge benefit for us)VA Loans also have a very streamlined refinance feature (called a VA IRRRRL) which makes it super easy to refinance if rates were to fall (hopefully that will occur in the future)VA Loans can also be used by a surviving spouse.The VA may not give us the best health benefits but they can certainly get us into debt!
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6 July 2024 | 5 replies
It's crucial to research specific submarkets thoroughly.- Buyer preferences: With remote work trends continuing, suburban areas may see increased demand.