If some buyer comes up and wants a 7.5 to 8 cap I would tell them to pound sand.

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.

Very few sellers will consider creative financing in our area which is west coast. All

Welcome to U S and A !!

Do you draw any hard lines in the "Year Constructed" sand? 

Lots of MF investors went crazy in 2020 and 2021, overpaid and over leveraged with rates in the 2's and 3's. 

Purchase price: $1,250,000 Cash invested: $260,000 Sale price: $1,840,000 Coastal Dream Home - Renovated with ADU Plans!

ADR projections in the low $100's and actual in the high $100's in our off seasons and mid/high $200's in our peak seasons. 

Here in coastal NC our municipality had similar laws about STR within city limits, a couple sued the city and WON.

They have millions of slaves and indentured servants who make our I-phone 16's, and almost everything Americans buy at Wal-Mart and Costco, but still their stocks can't catch a sustained BID.