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25 February 2025 | 0 replies
This is a very popular incentive in the city of columbus where tax abatements can lower taxes by 3k a year. on income of 60k for a traditional triplex that we build that would be lowering operating expenses by 10% if you assume approx 40%. it makes a big difference but I was wondering if anyone has actually seen the benenfits over time from holding these properties or investing in similar areas in urban core adjacent through renovations or new construction. there are benefits to selling them obviously but please comment if this applies to you!!
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18 February 2025 | 8 replies
Popular markets near us appear to be the hudson valley, adirondacks, finger lakes (although it seems STR's are under fire there), and even the cape cod area as we have vacationed there a lot and know the area fairly well.
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18 February 2025 | 7 replies
Not only did Detroit beat every city in other popular Midwest states like Indiana, Missouri, Ohio, Wisconsin, etc...Detroit beat every city in the super popular states of Arizona, California, Florida, and Texas - Detroit beat them ALL!
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19 February 2025 | 10 replies
RV rentals can do well, especially in popular outdoor destinations.
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17 February 2025 | 15 replies
Due to the popularity and scarcity of these properties in Nashville, it would be difficult to find a property meeting the STR requirements given a proposed purchase price of ~$300-350k.Additionally, your situation is a bit unique as it sounds like you may be living away from your primary residence more often than not, and as such, I also recommend you confirm with a lender whether this situation would qualify for this type of (primary residence) loan.
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22 February 2025 | 0 replies
This is getting extremely popular in the design world due to its clean, modern look, but it's also great for cost savings!
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13 February 2025 | 8 replies
DSCR recently came popular in the loan brokerage and private credit space with the rise of STRs and MTRs.Your local bank lenders will have the best rates typically.
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14 February 2025 | 9 replies
In a great and popular location with rising rents and upside on price with renovations but also that will cost in the short term to improve the property.
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27 February 2025 | 8 replies
Good Faith Funding is a popular hard money lender in my area (Green Bay) that lends statewide.
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7 February 2025 | 7 replies
I can answer your first question: Logan is home to the stunningly beautiful - and extremely popular - Hocking Hills State Park.