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27 December 2024 | 13 replies
I'm working on part of an investment strategy and I'm curious about having one more valuable property that, either through a large down payment or BRRR method comes in at 70 LTV, versus using creative financing to have multiple less valuable properties at high LTV.So, assuming all properties would be at just above break even, is it better to have one $600k property at 70% LTV, or four $300k properties at 95% LTV?
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24 December 2024 | 3 replies
The rental income helps you but the way its calculated it gets harder and harder to qualify unless you are a high earner otherwise. 2.
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14 December 2024 | 7 replies
Hi fellow investors,
I have several owner-financed mortgages in my portfolio with interest rates of 10% and higher. I’m exploring the option of selling these notes and would love to get your insights on a couple of k...
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26 December 2024 | 11 replies
Any person who can achieve property ownership, and then help others have a roof over their heads is a person worth high praise.
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19 December 2024 | 10 replies
It's not a great time to do a first flip with high labor costs, high materials costs, high property costs, and high rates.
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21 December 2024 | 5 replies
A better solution, in my opinion, is not to rely on wholesalers, as not only is it a dying breed due to the sheer incompetence they exhibit due to gurus' wrong instructions and teachings, but, wouldn't it be better to generate your own leads through a high performing website?
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23 December 2024 | 9 replies
@Gash Nookala,Renting can indeed be slower in winter, but here are some tips to boost interest:Enhance Listing: Ensure your listing has detailed descriptions and high-quality photos—consider professional photography if needed.Competitive Pricing: Double-check local comps; even a slight price adjustment or incentives (like a reduced deposit) could attract more interest.Broaden Marketing: Beyond Zillow, Hemlane, and MLS, use social media, community boards, and local business connections to reach a wider audience.Flexible Lease Terms: Offering shorter or month-to-month leases might appeal to tenants during this slower season.Local Property Manager: A local pro can tap into their network and help fill the vacancy faster.These steps should help you find a tenant despite the seasonal slowdown.
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19 December 2024 | 13 replies
I don't know your specific market all that well but have you done some analysis on your ADR during the high season X your high season occupancy rate and determined whether taking lower priced slow season bookings vs letting your property stay vacant during the winter averages out in your favor?
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23 December 2024 | 2 replies
Furnishings that are easy to clean, along with amenities like high-speed internet and pet-friendly options, go a long way.
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20 December 2024 | 8 replies
Many investors underestimate how competitive the market can be, especially in areas like Texas, where demand for multifamly and single-family rentals has been high.