Moshe Greenberg
Rent to Retirement review
1 February 2025 | 0 replies
I know that RTR positions themselves as “turnkey” but the reality is that they are more of a hybrid model - they set you up with everything you need and facilitate relationships with lenders, insurance, property managers, and so forth - but they are not the actual service providers.
Lina Truong
Please help me get started for mid-term rental investments
7 February 2025 | 31 replies
Quote from @Jeff Roth: Hi Lina from Texas-Congratulations on your interest in investing in mid-term rentals and you are wondering how and where to get started.I get this question frequently from investors.Sometimes and investor is looking to keep their property cashflow positive as insurance and taxes have squeezed cashflow by turning units into mid-term or short-term rentals.First off, ideally, the property will cashflow as a long-term rental should something disrupt the mid-term rental model.You will also want to have the property be near where there would be a demand for mid-term rentals (hospitals, universities, research centers).Monthly rents for mid-term rentals are about 20% (+/-) higher than unfurnished similar long-term rentals.There are property managers that will manage mid-term rentals for you and I always advise my clients to use property managers to keep their investment as passive as possible and for compliance issues related to Fair Housing Laws and local regulations.To Your Success!
Blaise Bevilacqua
First deal (thoughts?)
27 January 2025 | 3 replies
-Management is low - you'll need at least 10% plus leasing costs - typically a month's rent for each lease-up, and sometimes a renewal fee as well-Insurance seems low-Are taxes accurate?
Bien Nguyen
Clearwater, FL or Murrells Inlett, SC
6 February 2025 | 16 replies
Also insurance is much cheaper in SC than FL.
Chris Seveney
Getting A Deed In Lieu at closing to store away
29 January 2025 | 21 replies
Quote from @Peter Walther: I think you'll find most, if not all title insurers, will require the DIL to be dated and executed subsequent to default in order to insure.
Doug Teasdale
Wholesale assignment agreement question
15 January 2025 | 4 replies
I am just starting out as a wholesaler I know of 3 properties that are vacant, before I contact the homeowners I would like to have the agreement so when I talk the homeowners in to letting me sell the contract to an investor I want to have that ready.
Jose Mejia
refinancing a property from hard money lender
1 February 2025 | 16 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
Laurens Van swol
DSCR Loan for Florida investment
27 January 2025 | 15 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
Jon Luft
Buying our first short term rental property
6 February 2025 | 12 replies
I personally know of top 1% Airbnb homeowners that are flushed.
Stacie Telles
Refinance on Investment Property
3 February 2025 | 12 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).