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4 February 2025 | 6 replies
Look into a DSCR, Debt Service Coverage Ratio, loan where the rental income can be used to qualify the cash out refinance instead of your personal income.To Your Success!
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13 February 2025 | 18 replies
Hey, congrats on your business success!
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17 February 2025 | 71 replies
And congrats on your success as well!
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9 February 2025 | 33 replies
Quote from @Jeff Roth: Hi Lina from Texas-Congratulations on your interest in investing in mid-term rentals and you are wondering how and where to get started.I get this question frequently from investors.Sometimes and investor is looking to keep their property cashflow positive as insurance and taxes have squeezed cashflow by turning units into mid-term or short-term rentals.First off, ideally, the property will cashflow as a long-term rental should something disrupt the mid-term rental model.You will also want to have the property be near where there would be a demand for mid-term rentals (hospitals, universities, research centers).Monthly rents for mid-term rentals are about 20% (+/-) higher than unfurnished similar long-term rentals.There are property managers that will manage mid-term rentals for you and I always advise my clients to use property managers to keep their investment as passive as possible and for compliance issues related to Fair Housing Laws and local regulations.To Your Success!
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13 February 2025 | 3 replies
Wishing you continued success on your journey.
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10 February 2025 | 1 reply
I wasn’t handed a blueprint for success—I had to build my own, piece by piece.Right now, I’m navigating real estate while under pressure and recent setbacks .
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13 February 2025 | 95 replies
They have the wrong equation of life and business, Money=Success=Knowledge=Qualified.
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13 February 2025 | 6 replies
Successful investor don't come out of pocket very often.
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14 February 2025 | 0 replies
The property sold for $154,900 on 2/7/25, delivering a successful outcome thanks to strategic updates and efficient project management.
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19 February 2025 | 6 replies
-Explore builder-financing programs, private lenders, or hard money lenders who may focus more on the deal itself rather than personal experience.If you can demonstrate successful project management and a solid business plan, funding will become easier over time.