25 April 2024 | 60 replies
It frustrates me that landlords are held to a different standard than the supermarkets, gas stations, and cable companies.I guess the more diplomatic thing to do would be to issue a notice to vacate for a protracted date (90 days was mentioned) with no raise, and then part ways.

23 April 2024 | 5 replies
"Long-Term AirBnb" sounds like an oxymoron tbh - I think they are probably whats now being called "Medium Term Rentals" which is using platforms such as airbnb for stays greater than 30 days but less than a traditional 12-month lease.I'd check out the Medium Term Rentals forum here on BiggerPockets and the book on MTR published last year in the bookstore for more info!

24 April 2024 | 49 replies
Yeah, I mean I just don't believe the traditional turnkey strategy is a good move.
24 April 2024 | 18 replies
Even a 10% PM fee would bring the cash flow down to zero.Q: Why not rent the midterm as a traditional rental, with a property manager?

22 April 2024 | 5 replies
IF you surpass the first two hurdles, you're then facing starting HELOC rates that are easily 12%+ Higher than what a traditional DSCR cash out would run you.- HELOAN option - There is a small chance that you can pull out the equity using a DSCR HELOAN but make sure to calculate the blended rate and total payment before moving forward and comparing that to a full new 30-year fixed loan.

23 April 2024 | 7 replies
Most DSCR traditional lenders will not lend to a mixed use building with over 49% commercial use.

24 April 2024 | 42 replies
Also, I think it’s nice to remind yourself that real estate has traditionally been a long game.

23 April 2024 | 4 replies
If you are going the traditional financing route with a bank expect 20-25% down.

22 April 2024 | 10 replies
This strategy not only increases the likelihood of generating more leads but also positions you to offer the most appropriate solutions, whether that's a fast cash deal or a traditional market listing.

22 April 2024 | 7 replies
What is critical is to understand that two high-income earners cannot reduce their taxes by investing in traditional rentals.