
20 September 2024 | 114 replies
So, IF investing in real estate is something you thing you could get excited about; looking forward to each new day as an opportunity to “make a million $”, then you should pursue it and not be discouraged.

16 September 2024 | 13 replies
Real estate investors are attracted to medium-term rentals to gain the benefits of extra cash flow versus long-term rentals while avoiding regulatory risks, high turnover, and intensive management of short-term rentals.While many investors are now turning to medium-term rentals to build their portfolios, the lending world has unfortunately been a little slow to keep up.

13 September 2024 | 24 replies
What methods are you finding attractive now?

13 September 2024 | 7 replies
Total value is around $1 million and rents are also around the 1% rule.

15 September 2024 | 61 replies
My profession truly attracts some morons.

14 September 2024 | 9 replies
High prices can eat into short-term returns, but if you believe the area has room for growth and demand (which seems likely given SW Montana’s attractiveness for remote workers and lifestyle buyers), the investment could pay off long-term through appreciation and rent increases.4.

13 September 2024 | 12 replies
There are properties that probably have 2X-3X the cash flow my properties have and are comparable in price but given their location and tenant history attract a much worse group of tenants and have much higher expense ratio relative to repairs and maintenance and general wear and tear on the property because of the type of tenants they attract.

13 September 2024 | 2 replies
For each property you list, you'll attract about a dozen investors on average.

13 September 2024 | 2 replies
So all in I am at $240,300 , hard money I am factoring in as 15% rate and since I’m borrowing 840k for let’s say 6 months , I’m factoring in hard money costs at 63k for 6 months So now all in I’m at $303,300 ARV should be at least $1.3 million (conservatively) I would cash out refi with a dscr loan and get back 975k , I would pay the $840k I owe to the hard money lenders , leaving me with 135k , and I would pay myself back with that money , and since I would have $303,300 invested , I would pay back 135k to myself leaving me with $168k invested in the house with a equity position of $325k , the actual house number are such after the cash out refinance: This house has 2 units and 3 accessory units Mortgage : $7100Heloc payment : $1300Total = $8400Live in 1st floor Rental income 2nd floor : $30003rd floor: $1500Accessory unit 1 :1200Accessory unit 2 $1200Income : $6900 Net : negative $1200I also already have a house that’s breaking even , but I’m living in one unit and if I move out that house would become positive $1500 which I can put toward the payment of one of the other houses .

13 September 2024 | 0 replies
Properties in areas undergoing revitalization are especially attractive for investors looking to buy low and achieve high nightly rates.Regulation-Friendly Market: Compared to many other large metros, Indianapolis has relatively relaxed short-term rental regulations, making it easier for property owners to get into the market without facing excessive restrictions or permitting hurdles.