
25 November 2024 | 7 replies
An LLC has no effect negatively or positively on how a full doc lender will calculate your income.

28 November 2024 | 10 replies
Strictly from a private money lens: If you're open to a 2nd position private money loan against your STR's, it's possible.

2 December 2024 | 35 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

26 November 2024 | 9 replies
I'm in this strange position of being out of state and unfortunatley not having the time to visit or gain personal expertise.

25 November 2024 | 14 replies
Things will work out better this time bc I'm a different person, differently positioned.

27 November 2024 | 4 replies
Household furniture must be positioned and/or elevated to allow adequate air flow underneath and between furnishings and adjacent walls.

27 November 2024 | 5 replies
People notice hustle, and if you show up with a positive attitude and a willingness to learn, you'll earn respect.As for finding a mentor, look for people who are where you want to be, and ask them thoughtful questions.

25 November 2024 | 10 replies
Ideally, I’d have an Airbnb down there (for occasional personal use) but have received some feedback that an out-of-state Airbnb would be too difficult to manage.

26 November 2024 | 31 replies
However, if interest rates continue to decline, I might consider refinancing some of them to improve my liquidity position.

25 November 2024 | 10 replies
Positive/negative?