
6 April 2020 | 37 replies
LA Feb 20 to March 20, prices went up 5%+ and DOM decreased by 50%+ and that's just 30 days.

3 April 2020 | 5 replies
Ask for 2 most recent paystubs prior to loss of income / decrease of hours.4.

3 April 2020 | 3 replies
Don't make the assumption your tenants can't pay rent because of a temporary loss of job.

4 April 2020 | 6 replies
When we use the BRRRR method it's used to help us DECREASE our out of pocket expenses when buying an investment property.

10 April 2020 | 9 replies
But, I believe urban areas, like Minneapolis/Saint Paul where I am, will see a large temporary loss of STR inventory, and most of that loss will be from the bottom of the barrel, because they aren't profitable enough to justify the risk, but the highest performing STRs will of course stick around, because they're doubling or tripling income from LTR.I also own a duplex in Rochester, MN a few blocks from Mayo Clinic, that I'll be putting half of onto airbnb when it's done (I wish it was ready so I could help some healthcare folks out).I think it's like most industries though, the most robust and efficient businesses will withstand this crisis, while the weaker, unfortunately, might not.Just to predict, I think across the airbnb platform we'll see a temporary (maybe up to a year after the crisis comes to an end) drop of inventory around 10-15%, but I think bookings will drop by less than that amount (after the quarantines stop).

4 April 2020 | 12 replies
Likewise, we are not able to reduce rents because some amenities and services are limited during this exceptional event.I regret your temporary inconvenience.

12 April 2020 | 76 replies
High Supply of agents weakens demand for them as you have more people competing, and prices drop.....when the supply decreases, demand for them rises and prices rise as you have fewer agents competing.

23 February 2021 | 18 replies
Note if you refinance them, your cash flow situation is likely going to be about where it was prior to the value add but your equity has increased and what you have actually invested has decreased.

4 April 2020 | 2 replies
You have to find a lender that hasn’t necessarily conformed to the temporary times as of yet.
6 April 2020 | 12 replies
This will decrease your relying on her for the marketing photos.