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7 October 2024 | 1 reply
The way to read "5/25, 10 years maturity" is that the rate is fixed for 5 years, the payment is calculated on a 25 year amortization, and there's a balloon payment due at the 10 year mark.
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8 October 2024 | 17 replies
Great, thanks Mark!
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8 October 2024 | 0 replies
Understanding local tourism patterns can help you adjust rental prices.STR Regulations: Many cities are tightening regulations on short-term rentals, which could push more property owners to offer mid-term leases as an alternative, increasing competition in this space.9.
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8 October 2024 | 10 replies
Although, initially the property was for personal use then things happened were I wasn't comfortable with the area and the extra space so I decided to rent it out, now its on section 8.
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9 October 2024 | 12 replies
If you can get a multi unit to house hack you could potentially do a short term rental of your space while you're out of the countrry if you really wanted to get creative but either way house hacking gives you the experience of being a real estate investor while being hands on and managing a renovation if you chose to do one and being a property manager.
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7 October 2024 | 1 reply
If the property is fully leased and operating well, like your situation, the numbers might not make sense.A few questions to think about....Deferred maintenance or layout issues: If you already need significant updates, the conversion might be a good opportunity to reconfigure the space.
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4 October 2024 | 5 replies
I declined and marked it as Spam on VRBO.
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9 October 2024 | 9 replies
I'd try to find something closer to turnkey, but make your space comfortable.
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7 October 2024 | 3 replies
But in the attic space, as well.
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6 October 2024 | 0 replies
My current residence in Oceanside CA is a half acre with plenty of space.