Trevor McCormick
Advise on Purchasing my first STR in Kissimmee Florida
29 January 2025 | 18 replies
Hi Trevor,I work at a local property management company based in Kissimmee and we are seeing quite a bit of STR convert to LTR because of the lack of reservations they had this past year.
Devin James
Do you prioritize equity growth or cash flow in your investments?
5 January 2025 | 18 replies
They pay for themselves and put money in my pocket to build up a reserve for the next purchase.
Griffin Malcolm
Options for Using Two Vacant Plots of Land
10 January 2025 | 8 replies
Plot 1: 2024 market value of $6,900. 45x120Plot 2: 2024 market value of $3,800. 100x94I'm still pretty new to the game, so I have no experience with land deals, ground up construction, zoning, things of that nature, and am wondering what the best play is.Sell one to help with acquisition costs and build an ADU on the other?
Jane S.
Has anyone heard of a company called NOMAD
13 January 2025 | 8 replies
They offer a $10K repair fund to fix damages in addition to SD plus warranty for appliance repair etc.I have no say in whom they choose to move in, whether there are animals, limit on # of occupants etc. they reserve right to inspect property so i have no idea if they can tell me to remodel, paint etc.does this make sense i have a vacancy coming up in October (bad rental timing).
LaTonya Clark
Lender- 40 year loans
20 January 2025 | 31 replies
Over time, I’ve accumulated more cash reserves and don’t need as much flexibility, but I’m actually in the middle of a refinance right now using an interest-only mortgage—because the pricing with the lender and the corresponding ARM is more favorable than a comparable principal-and-interest loan.The key with these alternative or "exotic" mortgage types is that you need to be financially savvy and have a solid plan.
Adam Newman
10% down or 20% down???
23 January 2025 | 10 replies
That way, you keep more in reserves and have more to put towards your next house hack.
Evan Haas
New to the forum, hoping to get started with a multi-family
16 January 2025 | 11 replies
If leveraging equity feels too risky, you might consider using a portion of the equity to fund your next property while keeping reserves intact.
Thu Pham
Purchasing an existing Airbnb with future bookings
14 January 2025 | 25 replies
Something to look into in your case.I would recommend having the seller send message to all people already booked with your new listing & have him contact AirBNB or VRBO to cancel those reservations due to a sale.
Sejin Kim
Buying a condo with special assessment
9 January 2025 | 4 replies
But my realtor said they are going to do special assessment on this property and HOA runs badly. ( We requested HOA reserve document but no answers. ) We wanted to wait to see how special assessment going and close.
Raul Velazquez
REI in Vancouver, BC
17 January 2025 | 9 replies
Natural appreciation usually takes holding the property for at least a few years (just depending on what the RE market does going forward).