
22 August 2024 | 11 replies
I would prefer using Pricelabs over Airdna so you can see where your competition sits near you.

20 August 2024 | 28 replies
It’s just a bit niche and not sure what others think.

20 August 2024 | 2 replies
There are definitely pros and cons to each so I figured I would just lay out a few benefits and personal thoughts: Small banks/brokerages:Pros:- Some regional knowledge of the market- Possibility of more creative lending guidelines with bank specific programs- Sometimes they have competitive rates for their areaCons: - weak balance sheet (more strict on some guidelines, no wiggle room, inability to be flexible or grant exceptions because they cannot afford to hold less than perfect loans)- Can't scale with clients to different markets- Usually limits exposure to individual investors (they don't want one investor to be too big of a portion of their balance sheet)- Lack of experience with multiple solutions (tend to have 2 or 3 loan products they sell and are too niche to provide tailored solutions)Large banks/brokerages:Pros:- Large compliance departments that understand individual market guidelines (typically each state has specific lending guidelines that augment the national baseline)- Ability to scale into multiple markets with same lender (licensed in many states)- Impossible for individual investors to "outgrow" a large bank's balance sheet (not concerned with one investor's concentration)- More lending solutions available for different scenarios- Often comparable or better rates given the game is volume basedCons:- Can be more difficult to get fast responses if the bank/brokerage does not have good follow up systems in place (or if the underwriting/processing staff gets overwhelmed)- Bad large banks can feel less like a relationship and more like a cog in a factory (less personal)Overall, I have worked from both and worked with both as a loan officer, branch manager, and as an investor/client myself.

20 August 2024 | 16 replies
I think the one thing that Airbnb doesn't mention much that is taking away from their business is the spike in direct booking platforms for the top performing hosts and competition from VRBO /Booking.com/Other Niche OTAs.

23 August 2024 | 14 replies
Choose according to your preferences and active property management.Good luck!

21 August 2024 | 4 replies
My name is Brittney, my husband and I are in the process of starting our own fix and flip investment but unsure how to proceed and get our first investor, preferable a private money lender because we dont have the capital, or credit to get a loan and you have to wait at least 6 months after opening an LLC and getting a business line of credit in order to apply for a loan.

21 August 2024 | 10 replies
I've found a lot more success working with newer brokers as opposed to experienced brokers, who, rightly so, have a lot of preferred buyers that they're initially bringing all of these deals to.

22 August 2024 | 29 replies
There are other well known investors doing the same, albeit in very different midterm niches such as Grace and Amelia from Women Investing In Real Estate (WIIRE) and Dr.

21 August 2024 | 9 replies
You could pull it out and replace or (my preference) build a new wall in front of the old wall for additional strength.

20 August 2024 | 3 replies
I prefer Kyle as i have done investment props on both areas and Kyle seems easier to rent out to me.