
11 November 2024 | 11 replies
This can be hard money lender, private lender or bank.

7 November 2024 | 15 replies
If you're curious, I also host monthly networking events, meetups at current house hack and STR properties, etc. where you can soak in a ton of information and meet with experienced investors who have done the same strategies.

11 November 2024 | 7 replies
I have to think a ski town is all about STR not the opposite They currently have about 100K in the bank that was to be used for a common space amenity, but I suppose could be used for enforcement legally.

6 November 2024 | 22 replies
The worst thing is that states and municipalities are using wildly inflated data that AirDNA and their ilk are pitching to create more and more restrictive zoning laws based on the perception of windfall host profits, further creating challenges to supporting our mortgages in a region with an already long 4-6 month shoulder season.

8 November 2024 | 1 reply
We don't have the money to put down a cash offer and are assuming that a bank won't want to provide a mortgage on a distressed property.

8 November 2024 | 3 replies
We’re one ofthe few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must =3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenantspossible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of anotherapplicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedApplicants are often slow about turning this information in, asking us why we need it and then takingseveral days to submit.

6 November 2024 | 18 replies
I don't use Buildium so I can't speak to what it can or can't do but owner's can sometimes be added on other platforms as co-hosts for the purpose of visibility.

8 November 2024 | 14 replies
He was eyeing a property with a HELOC attached, and we found out.. from what I've herd, banks can be a bit cautious when there's a second lien.

7 November 2024 | 14 replies
Quote from @Jay Hurst: Well, no, the fed cut the fed funds rate which is the rate that big banks lend money to each overnight.

9 November 2024 | 10 replies
My realtor retired from Banking Management about 30 years ago.