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10 July 2024 | 17 replies
unless of course your a math wizz but most folks are not.and especially at least out west were there will be questions about township and range etc etc.
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10 July 2024 | 10 replies
Hey @Ethan Clay Lesperance, technically the lender could call the loan due for violating a possible clause in the loan agreement.I have been someone who has warned about this but so far, many folks have renting their former primary residences without issue with the lender.
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9 July 2024 | 4 replies
Is that the experience your residential folks and restaurant guests will have?
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10 July 2024 | 34 replies
So in my mind STR is good tool to catch long term appreciation and REDUCE EXPENSE when folk is vacationing.For me it is as the following:if you like snowboarding you would buy in Tahoe or Denver or Aspen.if you like beach you buy in Hawaii, Destin, Panama Beach FL or San Diego.if you like hiking/forest you go to these Servier county,etc.The problem is if you don't have hobby and don't like to go for vacation LOLI cut 90% of my vacation budget by having STR, this is the internal profitability metrics LOLIf my own purpose is to make money I would find investment that yield 30% IRR and >1.5EM and I know it's not that in vacation market in 2023 lol.
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9 July 2024 | 2 replies
Required repairs for federal lending approval are generally more easy to include.We've seen folks with helocs attached to the property who have accessed the heloc to repair the property right before the sale since the heloc has to be paid off as part of the sale.
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9 July 2024 | 12 replies
I'm looking for advice from the folks that find these kinds of deals all the time, and how best to proceed.
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8 July 2024 | 3 replies
I'd love to see a bunch of case studies on rehabbed RV parks and the ROI 5, 10, 15 years out with creative financing strategies for folks who want to try it.
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9 July 2024 | 4 replies
And folks are pretty comfortable with this practice.
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8 July 2024 | 12 replies
So many folks complain about low bookings but won’t do the research to see all of the things they can do to be a better operator.
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8 July 2024 | 3 replies
Come out to some of the local meetups and I'm sure you will find folks looking for the "Swiss Army Knife" guy.