
8 December 2024 | 9 replies
Hey @Robert Carmody, we are only on AirBNB and VRBO and they work just fine.I have been reluctant to do a Booking.com listing due to the negative reviews I have heard from other hosts.Booking.com was geared towards hotel stays, which means your STR gets treated like a hotel room.

5 December 2024 | 554 replies
The value skyrocketed due to limited run sizes.

10 December 2024 | 12 replies
I am looking to invest in Ohio due to the cash flow potential and because it's landlord friendly state.
8 December 2024 | 2 replies
Additionally, I’m considering converting a garage into a bedroom.If I want to list these properties on Airbnb, I understand I’ll need to obtain the following:• BTR (Business Tax Receipt)• CU (Certificate of Use)For these, I’ll need to undergo a city inspection.

10 December 2024 | 36 replies
In the times I have seen it, it has been due to the borrower saying they have like a 720 credit score and it comes back a lot lower, or the financials of the deal are not what was represented.

11 December 2024 | 10 replies
Financing provided through this program is only available for properties located in Michigan or Florida.Available Product Type: SOFR 7/6 ARM, SOFR 10/6 ARMLoan Amount: $766,550 MaximumLTV: Purchase and No Cash Out Refinance - Maximum 99%Prepayment Penalty: NoneLoan Assumption: NoneEligible Properties: 1-unit dwellings, attached and detached condominiums, PUDsEscrow: An escrow account must be established for property taxes, and flood insurance, if requiredUnderwritingNo Private Mortgage InsuranceOccupancy – Primary residencesMinimum Credit Score - 700DTI – Max 43% (UW/Mgmt exceptions up to 50% with minimum 3 documented compensating factors)Student Loans – If in deferment, no qualifying payment requiredDown payment of 1% must be borrower’s own funds, while closing costs and prepaids may be gift fundsAttached condominiums require a 10% down paymentEligible Borrowers – Protect and serve heroes are defined as employees of public or private education institutions, employees of medical and healthcare organizations, all first responders, and active or former military personnel.Servicing: Retained

9 December 2024 | 7 replies
Have you ever had a year where your insurance or proper tax’s went down?

5 December 2024 | 9 replies
It is always better to start with a multi-unit 2+ so that if something goes wrong, you still have one tenant to cover necessary expenses (mort, taxes, insur, etc).Also, major renovations are not a great idea for starting out as others said, especially out of state.

7 December 2024 | 1 reply
The news cycle notes that the limited availability of affordable homes is primarily due to a significant gap between the demand for housing and the supply.

6 December 2024 | 10 replies
They know the rent is due and they’ll just respect you less and reinforce their believe you’re a weak landlord they can walk over.