The unique thing about this platform is that you can actually search reviews from BP members and interact with them about their experience with that particular QI.

Quote from @Nicholas McCormick: Howdy-Does anyone have any experience with short term rentals in the Bloomington, Indiana area?

In efforts to get more experience with IOS, we are seeking a financial partner that potentially has experience with this asset class. 

Quote from @Jerome Brown: Hey BP, My name is Jerome Brown and i have some real estate experience.

I find it's very personal, and dependent a lot on your goals, resources, risk tolerance, location, experience, etc.

As the investor gains experience, they are not only able to more successfully foresee the “bumps” along the way, able to handle recessions, temporary negative cash flow, unforeseen capital expenditures without panicking, but will also recognize the opportunities necessary to turn a loss into a break even.

When you finance through national lenders, in your experience, is a balloon a common requirement for commercial loans of this nature or is it possible to get a fixed rate for 30 years?  

I would anticipate it would depend on the level of detail you desired but it has been my experience that the will do free estimates.

I’ve been looking into areas like Oakhurst, Mariposa, Yosemite West, and surrounding towns.If you own or manage a vacation rental in this region, I’d love to hear about your experience.

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