
6 July 2024 | 11 replies
Here is a link:https://planning.saccounty.gov/applicants/Pages/Short-Term-R...

7 July 2024 | 1 reply
Or primarily for sufficient capital for down payment and obtaining a new DSCR or alternative qualifying loan for the target acquisition.Although there are alternative income qualification methods for fixed second loans and HELOC's utilizing bank statements and even DSCR rental income, as the lender risk increases, generally so does the borrower's interest rate.

7 July 2024 | 9 replies
- Know the property numbers: I would recommend AirDNA (paid version) + enemy method to factor income then back out all expenses properly- Know yourself: Why do you want an STR?

8 July 2024 | 29 replies
Quote from @Daniel R Shepherd: Definitely crooks.

5 July 2024 | 2 replies
Building your team/networking is crucial but it is important to know what type of method(s) you are interested in pursuing (flip, BRRRR, str/ltr, etc).

4 July 2024 | 6 replies
It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcasts: https://www.biggerpockets.com/...Wishing you the best!

6 July 2024 | 21 replies
I also assume there’s a written penalty on the books for failure to disclose these are all things I hope you r realtor can answer instantly and 100% confidently.

5 July 2024 | 7 replies
The house is sitting on the market under the R-2 Zoning code as a single-family house not as 2 o 3 units.

5 July 2024 | 8 replies
If so, by what method would I do so?

6 July 2024 | 8 replies
I believe that successfully navigating this initial investment will pave the way for future opportunities, whether in the same market or elsewhere.Living in New York City, I faced a challenging market ;)I chose Montgomery, Alabama.Here's my process:I compiled a list of states with favorable landlord laws.Using Brightinvestor, I identified cities within those states where the median home price falls below the national average ($420k).I excluded cities with negative income growth and rising unemployment rates.I focused on cities with strong appreciation rates over the past five years (over 10%).I compared price-to-rent ratios.I did break two rules: Montgomery has a slight decline in population, and its largest employers are an Air Force base and government agencies.One significant factor that influenced my decision was the promising price-to-rent ratio, suggesting potential for positive cash flow (though I remain cautious about appreciation).Regarding my acquisition strategy:I plan to employ the BRRR method with cash.