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13 November 2024 | 23 replies
To qualify for debt, lenders generally look at net worth (aim for the loan amount), liquidity (10% post-close), experience, and a solid credit score (ideally 680+).
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6 November 2024 | 4 replies
Make this your measurable goal that you track with your daily activity each day .. aka Key Performance indicators or KPIs.
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21 November 2024 | 39 replies
Things to consider: daily internal operations, external branding and operations, lending, in addition to inside out *legal protection and outside in** legal protection, privacy/anonymity/identity protection and security...Prevention measures at different levels, preventing the attack from being initiated vs preventing the attack (lawsuit) being successful vs reducing the damage of a successful attack.... there are many elements and I see people pick one and argue about it without looking at the whole
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11 November 2024 | 16 replies
These apply to investors, co-hosts, or property managers who aim to create an exceptional guest experience in this competitive industry.
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13 November 2024 | 23 replies
For flipping, I focus on the after-repair value (ARV), renovation costs, and potential profit margins—usually aiming for a 20-25% return after all expenses.
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11 November 2024 | 36 replies
The bathroom tiling can be done before or after the rest of the floors and simultaneously during other portions of the rehab to save time - you should measure out and plan that your two floorings that meet are at the same height to avoid the inevitably ugly and clumsy transition piece.
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6 November 2024 | 1 reply
Add in demand for the land itself, increase in the younger generation aiming for household formation, in-migration to Florida from retirees or from other relocations, and your observation is spot on.
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4 November 2024 | 1 reply
The city's Climate Action and Adaptation Plan aims to make San Antonio carbon neutral by 2050, with significant progress expected by 2025.
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9 November 2024 | 10 replies
If you have decent credit (north of 680), you should be able to get 75% loan to value, assuming the DSCR is met (usually a 1 to 1 measurement between the PITI and the Gross Monthly Rental Amount).
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7 November 2024 | 0 replies
The planned renovations aim to enhance the property’s condition, allowing for significant rent increases and maximizing the long-term income potential of this eight-unit apartment building.