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21 August 2024 | 8 replies
MTRs can offer a nice balance between the steady income of long-term rentals and the high cash flow of STRs without the constant turnover.In terms of locations, I've noticed that areas close to hospitals or corporate hubs tend to do well since travel nurses and professionals on temporary assignments often seek out these rentals.
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21 August 2024 | 10 replies
@Sarah Kensinger and @Andrew Steffens thank you for the referrals!
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22 August 2024 | 11 replies
Lake Geneva tends to be fairly strict with their STR rules.
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20 August 2024 | 8 replies
Because it is a more complicated process, the exchange fees are higher (around $7K versus $1200) but in the big scheme of things it could be to your benefit.When you speak with the exchange accommodators, ask them for referrals on lenders that can facilitate this, as not all lenders can make this happen.
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23 August 2024 | 29 replies
I don't personally deal with this issue with my postings, but I usually use a website called roomies.com and that is for people who are only looking for rooms, so I don't tend to get too much push back on that.
20 August 2024 | 7 replies
And would love to understand anyone’s perspective on the differences or what they tend to prefer or look for.Thank you in advance!
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21 August 2024 | 9 replies
Not sure they were worth its a few tended to peel up.
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21 August 2024 | 7 replies
These areas tend to offer slightly more flexibility, and depending on the size of the property you’re looking for, you might find larger units than in Portland.Also, as Scott mentioned, increasing rents in Portland can be a slow process, especially with the 10% cap or 7% + CPI limits, whichever is lower.
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20 August 2024 | 4 replies
Rates tend to be higher, since these aren't "conventional" loans that are going to be bought by Fannie or Freddie.
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21 August 2024 | 10 replies
It always tends to complicate the case.