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11 December 2024 | 29 replies
If you do have to accept screen like any other tenant. 2.
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21 December 2024 | 6 replies
This list includes a few:Lucid Motors with 2,200 jobsSilicon Valley Bank with 300 jobsRaytheon Missile Systems with 1,000 jobs in Southern ArizonaMicrosoft Datacenters with 1,100 direct and indirect jobsCarMax with 430 jobsInfosys with more than 1,000 jobsAnd Hopebridge Therapy Centers with 650 jobsOn behalf of the Arizona investing community, I invite you to plan a visit here and see what's going on for yourself!
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19 December 2024 | 15 replies
Highlights:* no prepay on 12 mo bridge* 6 months guaranteed interest on a 24 month bridgeThese are interest only loans and the DSCR calculation isn’t a factor in the lending decision.Compare the cost of your lower interest rate DSCR loan, including PPP versus what the bridge would cost at a higher interest rate and no or minimal PPP.PPP=pre payment penalty :)
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15 December 2024 | 4 replies
My vision includes developing the land into a destination with features like driveways, walking paths, utilities, and unique lodging structures.Here’s my tentative plan1.Place the existing STR in an LLC2.Apply for an SBA small business loan to fund the next steps, including a feasibility study (~$10k+), land clearing, and infrastructure development.While this direction excites me, I’m torn between pursuing this venture and continuing with a more traditional approach—buying one home per year using conventional loans.I’d love to hear your thoughts:•Has anyone transitioned from STRs to glamping or similar ventures?
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13 December 2024 | 7 replies
Do you have a full tenant screening system yet?
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20 December 2024 | 18 replies
For future tenants I would include in lease verbiage around listing property for rent prior to them moving out so you have time to market the property.
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15 December 2024 | 7 replies
It's based on the purchase price and will not include any improvements, reno, or increase in value since the purchase.
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17 December 2024 | 7 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
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17 December 2024 | 1 reply
Sorry for the long post but wanted to include all details possible.
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17 December 2024 | 9 replies
But that has its own issues as well including having to do a hybrid foreclosure/ejectment action.