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20 January 2025 | 33 replies
Whenever rates fall going to cash out refi again my Roger’s park 4 now getting close to 500k total profit off that one deal now.
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7 January 2025 | 7 replies
They recognize the buyer can destroy the seller credit, but they are in such dire straights that the risk is justified 2) the seller knows the buyer and has so much trust in the buyer that they have every confidence that the buyer will perform on the loan.From a buyer, it provides a means to get an interest rate from NLT q1 2022 that is a fraction of today’s rate.
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9 January 2025 | 17 replies
If she wants paid for canceled appointments, then I would suggest you look for a new cleaner.My policy is to keep all funds if the guests cancels within two weeks of their stay, unless I'm able to rent to someone else for the same period/rate.
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19 January 2025 | 14 replies
to be clear - lots of other issues, lots of other challenges, and BRRRR is difficult right now with interest rates so high.
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11 January 2025 | 13 replies
Unfortunately, I see a growing trend of a lot of service members renting their homes at break even rates or at losses.
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11 January 2025 | 13 replies
Use tools like AirDNA or Mashvisor to provide market data on projected rental income and occupancy rates, and make sure your lender works with appraisers familiar with short-term rentals.
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8 January 2025 | 15 replies
As a result the property, based on capitalization rates, can now be sold for $450,000.
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15 January 2025 | 13 replies
Reponse rates have been okay but not great.
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5 January 2025 | 1 reply
😳This is caused by a combination of buyers not being able to afford to buy with interest rates back up above 7%, and seller’s not wanting to budge on their sale price...a standoff.My guess is 2025 will likely be just like 2024 and 2023 if rates stay above 6%....
27 December 2024 | 3 replies
I would at least recommend you have them shop a policy for you.One thing we did note is that with hail damage to roofs, they seem to be decreasing coverage/increasing deductibles on that if ever needed.