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15 September 2024 | 19 replies
I am not against the buy-to-lease method, for someone else to implement, but right now it's not what I do.2.
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12 September 2024 | 25 replies
Quote from @Jamie Banks: After receiving the request on Furnished Finder I reached out to the guest via their preferred communication method.
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13 September 2024 | 12 replies
You will need to get as much of a P&L as you can from the business for the last two years and also run numbers on projections based on your competition's enemy method.
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13 September 2024 | 1 reply
By consistently offering work, you may be able to secure lower labor costs.Source Alternative Materials: Explore alternative or lower-cost materials that still maintain quality.
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12 September 2024 | 5 replies
This option comes down to the investor's risk tolerance since you will likely leverage your primary home at a variable rate.3) The BRRRR method since most hard money lenders will allow you to acquire distress payments with as little as 10% down and grant you access to rehab funding via a bridge loan.
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11 September 2024 | 20 replies
For lenders/banks, quality vacation rentals are clearly a unique and reliably performing asset class..For investment properties these lenders typically require a minimum 20-25% down payment but since there is higher gross revenue, the investor can often qualify for a higher loan amount.
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16 September 2024 | 28 replies
I'm impressed by what I've seen from Quality Builders.
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12 September 2024 | 23 replies
We need to find a way to reward high quality, human generated content, and deprioritize low value posts to discourage workarounds.
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13 September 2024 | 16 replies
When it comes to renting to Section 8 (S8) tenants, there are definitely pros and cons to consider:Pros of S8 Tenants:Guaranteed Rent: The government will pay a portion (sometimes all) of the rent, so you'll have consistent cash flow.High Demand: There's often a waiting list for S8 housing, meaning less vacancy time.Cons:Property Inspections: Your property will need to pass regular inspections, and repairs/maintenance must meet specific standards.Tenant Screening: Just like with non-S8 tenants, tenant quality can vary, so thorough screening is still essential.As for the down payment, yes, most lenders will require 15-25% down for investment properties.
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12 September 2024 | 3 replies
Anyone have some go to methods to figure out vacancy or have some first hand knowledge of the Nashville market for MTRs?