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1 December 2024 | 3 replies
Additional Details:The property is in a desirable area with good amenities nearby.STR data from AirDNA shows decent revenue potential, but the lack of comps makes me hesitant.I’m looking for a balanced approach that minimizes risk, even if STR performance doesn’t hit expectations.If anyone has experience investing in Cincinnati or navigating markets where STR data is sparse, I’d love to hear your thoughts.
2 December 2024 | 6 replies
I want to say its like a C neighborhood (not sure if there's an actual site that'll tell you more accurately).He already has a team in place and I'm pretty much just taking over his property and its pretty stable.
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7 December 2024 | 35 replies
For example:- Lender drops the LTV to account for additional risk. - Tenant agrees to either start the loan with recourse, with it burning off after the extension is signed, or start the loan as non-recourse with a springing trigger if tenant does not sign the extension soon by a certain deadline. - Lender requires a heavy TI/LC reserve until the extension is signed.
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2 December 2024 | 6 replies
We have a pool of firms we've already met in-person and with whom we've done some site walk-throughs.
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30 November 2024 | 4 replies
More work with more risk but can get you going if limited funds until growing into bigger deals.I am still on this site but stay very busy so not on here as much.
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5 December 2024 | 15 replies
Zillow is the biggest real estate website but it helps listing on other sites.
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6 December 2024 | 25 replies
Our last one went from STR to live in flip + parceling off additional lots.
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3 December 2024 | 9 replies
In addition, the tax implications are better on a refinance which you will be able to deduct.
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30 November 2024 | 1 reply
I’m looking to get started at using my people and negotiation skills in the market fully, I’m hunting for properties in the UK that can be hidden gems or fixer uppers, with a keen eye for architecture and a clear understanding of value and use I’m thoroughly analysing websites and in person sites for good deals.
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3 December 2024 | 26 replies
I can pursue a legal action against the tenant or Baselane, but this will cost me additional $2-3K in legal fees besides dealing with a loss of at least $5K of rent and damages caused.