
20 July 2024 | 28 replies
Let’s assume STRs never existed.

20 July 2024 | 13 replies
there is a reason certain investments require accredited investor or existing relationships.

20 July 2024 | 19 replies
land has very little value if existing homes are selling for less than New build replacement costs. which is pretty much half of the US.. and especially in the mid west and rust belt areas.. building lots have value in dense urban areas where new infill is going on in a big way..

20 July 2024 | 10 replies
Even if your refinance into a DSCR to pay off one of the existing loans, there's a 99.9% probability that you will have to PG the new loan.

21 July 2024 | 35 replies
The cost of land and buildout exceeds buying existing.

19 July 2024 | 5 replies
Aside from the STR restriction situation mentioned by Michael, new construction is going to cost more than buying an existing property 98 percent of the time.

21 July 2024 | 12 replies
But no one that stupid is going to ever get to the point where they are entertaining a 100-unit, so there's no point in trying to market to that person, they don't really exist at that scale (and, to they extent that they do, they aren't falling for real estate scams, they are falling for crypto/nft/blockchain/ai [+ next years buzzword, whatever that is] type scams).

20 July 2024 | 4 replies
However, the LLC will not be liable for VA loan mortgage payments.Also remember, any given loan provider DOESN'T CARE about your asset protection, the loan provider only cares about protecting its interest on the payments due.Essentially, a refinance will allow ownership and loan program conversions.Loan transfer restrictions on VA loans do exist, so tread lightly.

20 July 2024 | 8 replies
But when I was an agent, learning some basic Python and VBA (Excel) really helped me save time in the process of collecting and analyzing real estate data.I've been working with technology for the last 25 years; sometimes you don't need sexy, you just need a tool that works.It's a sin that, we technologist, fall for often: searching for sexy instead of "this old thing just works" :) Agreed, though in my experience, a lot of real estate professionals are far from the most technical people, so having clean and intuitive software UI is very key... but then again the MLS exists and that to my knowledge still doesn't have a back button... lol