
8 August 2024 | 2 replies
My plumber just installed laundry plumbing and a gas line in our utility room.

8 August 2024 | 4 replies
You need to have enough money, probably in the $100-150k, amount to put the property under contract, and do the feasibility study on the property, Phase 1 Environmental, Property Drawings for roads, water sewer, and utilities, and have a completed budget so you know what your costs are.At that point you can go out and attract investors, I don't thing that developing raw land is necessarily cheaper than buying discounted finished lots.

8 August 2024 | 1 reply
I utilized 7% for CAPEXand 7 % for maintenance given recent updates .Tenant pay for electricity and gas.

4 August 2024 | 1 reply
The ultimate goal is to build couple of A-frames for luxury cabin in the woods STR.

9 August 2024 | 9 replies
Some guests are just not tech-savvy, so basic instructions for utilities/amenities that are difficult to navigate is a touch that is appreciated.

8 August 2024 | 22 replies
They indulged in luxurious residences, high-end vehicles, and extravagant vacations, all while their investors faced mounting financial losses.

19 August 2024 | 244 replies
If this can make people more intentional with their questions, they will get much farther, much quicker.Correct, in the beginning its hard for some and also they do need to utilize the search button!!

6 August 2024 | 0 replies
Anything helps, per this example we could say:A single family home that is not builder grade but not luxury so in the middle being 1,600 sqft, 3 bed, 2 bath.Also a:duplex that is 2000sqft vertical build that is identicle layout on floor 1 and 2. each unit would be 1000 sqft and 2 bed, 1 bath.To note, the loan on property 3 is a DSCR loan because there is not 2 years of stable income from me because I am still in college.If there is anymore info that could be needed please let me know.

7 August 2024 | 13 replies
@Benjamin Stacey so we utilized a HELOC to get into our first STR deal (different than your situation, but I can relate).

8 August 2024 | 22 replies
On the flip side, mass transit can help with the car issue and water/sewer upgrades can help with the utility usage.As far as single family versus multifamily, usually multifamily is taxed higher.