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14 September 2024 | 32 replies
Visio specializes primarily in DSCR loans for short term rental properties (think airbnb or vacation rental rather than an annual lease tenant).
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17 September 2024 | 14 replies
Proper HOA Reserve Funding will determine whether or not your fees make a dramatic increase or a Special Assessment is levied in the near future, both of which will immediately, and negatively, affect your investment planning.
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13 September 2024 | 3 replies
I specialize in financing for real estate investors, and I’d love to chat and see how we can collaborate on future projects.Looking forward to connecting!
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13 September 2024 | 1 reply
Use project management software to track progress and ensure efficiency.DIY Where Possible: For smaller or less specialized tasks, consider doing the work yourself if you have the skills.
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12 September 2024 | 3 replies
The reality that neither view is realistic or probable.The best advice I can give would be to underwrite for long-term leases as that can be an acceptable exit strategy, but be prepared to execute well on your MTR strategy (great interior design along with profesisonal photos and concierge servive).
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14 September 2024 | 19 replies
When I'm preparing these letters/documents, I'm really learning as I go.
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13 September 2024 | 10 replies
You should be consulting with your CPA ot tax preparer to account for the specifics of your individual tax situation.
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12 September 2024 | 0 replies
The property already came furnished, but we had to replace most of the furniture because it was very cheaply done, Plus, it had no theme and we really wanted to make it a special themed airbnb.
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14 September 2024 | 14 replies
Even if it's the biggest unit, you need to move into that one to satisfy the mortgage if it's liveable and then figure out how to get the tenants out.Who was your agent on this because they have not prepared you for anything?
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12 September 2024 | 8 replies
They did also send me a 1099 at end of year, so be prepared to pay taxes on that money if they do it like that.