
7 March 2024 | 11 replies
@Michael Smythe I'm looking for recommendations for online services or platforms that connect me with individuals who can perform specific tasks on properties I'm considering, such as:Taking detailed photos and videosConducting basic inspectionsProviding neighborhood insights

6 March 2024 | 46 replies
After this year I should have a better grasp on how the property will probably perform going forward.

7 March 2024 | 82 replies
I have experienced top performing properties drop instantly to nothing, for no reason other than algo changes.

6 March 2024 | 35 replies
It's important to remember that short-term rentals are subject to fluctuations in demand, so it's essential to have a solid understanding of the local market conditions and the property's performance history.Google awning airbnb estimator and take a look at the seasonality and performance of nearby Airbnb's to really get an understanding of how it might do

6 March 2024 | 6 replies
You may find one out performs the other by a lot especially with interest rates (and HML rates can kill what might look like a good deal otherwise).I would be happy to take a look at the specific property you are interested in . . . send me a message with the address rather than posting it here.

5 March 2024 | 5 replies
It's a good rule of thumb to follow mate.We always get caught up on the potential of a deal or business and don't focus on a "worst case" scenario.Experience has taught me to become a "Negative Nancy" first and evaluate the downside from a risk assessment standpoint.I would always get too carried away and am optimistic and easily influenced to believe in the best in people and ventures.Only to get my A$$ handed to me on a plate.Well not anymore... lol

5 March 2024 | 7 replies
Granted I have 7 buildings and I just haven’t had that many problems and so far my only real “emergency” was caused by a tenant under the influence of who knows what who overflowed a portable washer he shouldn’t have been using in the first place and flooded the downstairs unit.

8 March 2024 | 121 replies
Using a couple indicators loses sight of the fact that there are many other influences on the economy.

5 March 2024 | 4 replies
Mods, if this is in the wrong area please move or delete.I pay for a monthly service that gives daily updates to the mortgage market, specifically how MBS are trading and market influences that sway pricing.

6 March 2024 | 8 replies
Prepare to show detailed documentation of your STR performance, but keep in mind that consistency matters, and some lenders might prefer a more extended history.