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4 December 2024 | 6 replies
From that point, I’m able to put down 20% of a (350,000) house - ( including closing costs) every 10 months or so.
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2 December 2024 | 14 replies
At the moment, I have an STR in the Berkshires and have considered other investments including multifamily.
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5 December 2024 | 31 replies
Additionally for hosts who opt for enhanced screening, the eviction rate is under 2%.
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3 December 2024 | 3 replies
I personally use Stessa (included free with your pro/business account) and Monarch.
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3 December 2024 | 4 replies
To add to @Patrick Roberts post - this loan type will require you to qualify with income and liabilities = DTI ratio, which will include the rents you pay to your NV home.
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5 December 2024 | 7 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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3 December 2024 | 6 replies
@Francisco Pineiro To protect yourself when working with contractors:1.Start with a Clear Scope of Work (SOW): Ensure every detail of the project is outlined in writing, including materials, timelines, and deliverables.2.Use Milestone Payments: For a $40K rehab, consider this structure: 10% upfront, 30% at halfway completion, 30% at 75%, and the remaining 30% upon full completion.
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3 December 2024 | 3 replies
We have an STR in Swannanoa that wasn't damaged and have had several week+ long bookings since the storm (including Army Corps of Engineers, etc).
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1 December 2024 | 91 replies
Syndicators can negotiate terms and rates that are impossible otherwise, including on portfolio terms as in that banking entity is holding/servicing the financing themselves, on there books, not originating and selling it off.
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6 December 2024 | 45 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.