Braedon Page
Pros and Cons of STR Property Managers
18 July 2024 | 24 replies
Other ways (off the top of my head):- Dedicated Revenue Manager on top of dynamic pricing software- 24/7 guest support- Vendor discounts (i.e. roof replacements, AC repairs, etc)As a new PM I think it is important to highlight where you add value instead of battling on price.
Justin W.
Tax auction Sale date?
18 July 2024 | 10 replies
Hey Michael - we definitely have a lot of consensus here - based on the facts in Texas, I would agree with you that it sounds like the burdens and benefits of ownership (or at least a significant amount of them) are transferred as of the auction date, and based on what you stated, I would also feel comfortable taking the same position for a TX property - it would certainly not contradict the revenue ruling given the related restrictions on the property and taking possession are an entirely different fact pattern, making the ruling moot in your scenario.Which I think highlights even more one of my closing points (and your point as well on Jurisdictions) - this likely changes wildly by jurisdiction.
Paul Derks
What Do I Need to Have Ready Before I Begin Searching for Investors?
17 July 2024 | 7 replies
Highlight the risks and your strategies for mitigating them.
Julie Muse
Quick Flip on Garfield Street: Big Returns in Sioux City with Mark Raby!
15 July 2024 | 0 replies
This quick and profitable transaction highlighted our efficient investment strategy and the strength of our partnership with Mark Raby.
Sharon Tzib
Houston Housing Stats June, 2024
15 July 2024 | 0 replies
pid=2096Houston Real Estate Highlights in June, 2024:-Single-family home sales declined 11.6 percent year-over-year;-Days on Market (DOM) for single-family homes went from 45 to 46 days;-Total property sales were down 13.6 percent with 9,133 units sold;-Total dollar volume declined 12.2 percent to $3.8 billion;-The single-family median price was statistically flat at $345,500;-The single-family average price was statistically flat at $432,090; -Single-family home months of inventory registered a 4.3-months supply, up from 3.0 months last June;-Townhome/condominium sales continued to decline, falling 19.9 percent, with the median price up 12.1 percent to $241,000 and the average price up 7.8 percent to $271,356.
Chris Mason
$3m / 60% LTV Assisted Living Facility Refi - Financing Survey/Review
15 July 2024 | 3 replies
This is akin to stating the obvious, as DSCR assessments are fundamental in determining the viability of such loans, similar to DTI (Debt-to-Income) ratios for residential mortgages.Your emphasis on the operational efficiency of well-run assisted living facilities highlights that their financial performance typically isn't constrained by DSCR limitations.
Chi Sastry
Investing In TN
15 July 2024 | 22 replies
However, there is alot of new developments in the area to include the Ai Super Computer, Bucce's gas station (This is national traveler attraction), the Blue Oval, and also lots of other developments but these are the recent highlights.
Kate Brown
Fraud - Kris Thomas Land Flipping 101 at it again
14 July 2024 | 26 replies
I asked several times about verifying due diligence etc and it was never highlighted as something that has brought up any major issues for anyone and they say they have professional and trained staff LOL.
Julie Muse
Finsbury Drive Success: Profitable Flip in Spring Hill with Glenn Klingensmith!
11 July 2024 | 0 replies
Additionally, our strategic marketing highlighted the property's new features, attracting buyers quickly.
Julie Muse
Tip Top Road Triumph: Profitable Flip in Mariposa with Seth Choate!
11 July 2024 | 0 replies
Additionally, our strategic marketing highlighted the property's new features, attracting buyers quickly.