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1 July 2024 | 1 reply
Be prepared to discuss with lenders how the property will be used and ensure your financial profiles demonstrate strong ability to manage the mortgage jointly.Hope this helps.
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1 July 2024 | 8 replies
The bed isn’t even made, the fridge and freezer are absolutely full of food.
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1 July 2024 | 8 replies
This could make your ADR less competitive, but if marketed correctly I'm betting that people might perceive more value, which keeps occupancy at least the same.I'm thinking of a model where you tell guests they have "add-ons included" like grocery delivery, prepared breakfast package, attraction tickets, inner tubes, etc.
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1 July 2024 | 10 replies
**Time and Effort**: The buy and hold strategy is less time-intensive, allowing me to focus on managing and optimizing rental income rather than undertaking extensive renovations and refinancing processes.That being said, I am interested in trying the BRRRR method in the future.At the time of purchase, I lacked the skills and knowledge necessary to attempt the BRRRR method without exposing myself to risks I was not prepared for.Hope that answered your questions.
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1 July 2024 | 1 reply
Investors will need this information to assess the investment opportunity.Present Your Proposal: Prepare a compelling pitch highlighting the opportunity, your expertise, and the potential returns for investors.
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1 July 2024 | 16 replies
The investors who are preparing to buy their first property and don't have two pennies to rub together wanting to spend thousands on complexed entity formation for asset protection purposes.
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3 July 2024 | 40 replies
I figure resort style food from off the land nature experience.
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1 July 2024 | 25 replies
I once gave a tenant $100 after their fridge quit and food spoiled.
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1 July 2024 | 6 replies
Be prepared to pay points and high rates compared to a HELOC. 4.
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2 July 2024 | 16 replies
The truth is, if you want to invest today in this area you need to be prepared to run your numbers differently to justify the investmentWhat worked 10 years ago doesn't work today.