James Kim
Assuming investment loan and actual use of property
12 October 2024 | 2 replies
I’ve seen buyers in situations like this secure terms for primary residence use compared to investors.. so it might actually work out in your favor if your buyer wants to live in the home.Funny enough, a friend of mine ran into a similar situation in Austin last year.
Anastasia Rodriguez
Any advice on rules or partner deals for MTR in Chicago?
13 October 2024 | 19 replies
I found the strategy to be less intensive than short-term rentals, but still challenging at times because there is more turn-over than long-term rentals.We make roughly 20% more on average in rental income with in being a Mid-term rental.My advice for picking a strategy is just to pick ONE and go ALL IN on that, so you can scale it.
Ashley Hightower
Best SMS platforms-Launch Control, Lead Sherpa, Roor??
17 October 2024 | 47 replies
It can work but it is very labor intensive.
Joe Davis
Free wholesale training for new Texas wholesalers?
8 October 2024 | 17 replies
What we get out of it......creating a group that some of our best borrowers can get access to good deals.More than likely be virtual (zoom etc) and be an intensive, no-fluff training on how wholesaling is done, and what investors are looking for.
Brian J Allen
Mortgage Payments Are Outstripping Income Gains
8 October 2024 | 2 replies
Unfortunately, very few local Worcester residents can afford these properties, creating intense pressure on those who live and work in the city.
Tanya Maslach
Doing a deal in November/Dec in Colorado?
11 October 2024 | 7 replies
If one did work out, I'm concerned about doing my strategy (MTR) -- or any rental strategy post-rehab -- in the winter.I've spoken to some prop mgrs who are having a hard time (25+ days) to get renters in places.This is familiar to me as I have a SFH rental and rented it out two years ago from May-July (a 14 month lease).
William Silva
First Time Investment Property Buyer
7 October 2024 | 16 replies
So to make STR work out of state for me that would require a property manager.
Neil Narayan
Google says it'll invest $1B this year in Texas
6 October 2024 | 1 reply
The state’s favorable business environment, reliable energy grid, and central location make it attractive for data-intensive companies like Google.Additionally, Verily Life Sciences, another Alphabet subsidiary, relocating its headquarters to Dallas is another testament to the region's growing appeal for tech and life sciences companies.
Amos Smith
Price Reduction From Vacant Lot Loss (Advice Please)
8 October 2024 | 9 replies
It's a lot more expensive these days but the numbers still work out.
Tanya Maslach
Doing a BRRR in Kansas city (MO or KS) for Mid Term Rentals?
8 October 2024 | 5 replies
It has become more saturated as STR was shut off people switched to the MTR strategy so have LTR as a backup if it does not workout.