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14 July 2024 | 15 replies
The largest city on the Coast, Coos Bay/North Bend combine for a population of less than 25k.
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14 July 2024 | 6 replies
Recommendations for Commercial Lenders in ArkansasHere are some commercial lenders that operate in Arkansas and can assist with financing an 8-unit multifamily property:Local Banks and Credit UnionsArvest BankOne of the largest banks in Arkansas with a robust commercial lending department.Website: Arvest BankBank OZKKnown for its commercial real estate lending.Website: Bank OZKSimmons BankOffers various commercial real estate loan options.Website: Simmons Bank
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14 July 2024 | 4 replies
Luckily my newest and largest property only took three months to complete all majors repairs and for bookings to start filling up consistently.Do you have a mortgage?
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13 July 2024 | 6 replies
He permitted me to a recreational building permit so I can finish it but limits it from a perm bathroom and kitchen and he came as close as possible to saying after inspection I’m fine to do whatever.
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14 July 2024 | 7 replies
Househacking is so powerful since you can lower your largest expense (rent), while learning to be a landlord and building equity.
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12 July 2024 | 155 replies
This is what we mostly do, and from the smallest property to the largest, we have done very well for ourselves and everyone just seems so unbelieving when we tell them how they cash flow.
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14 July 2024 | 26 replies
with maybe the exception of a parcel that is clearly served by city Sewer Water and have power and Tele / internet to the lot lines.. and you have double checked the hook up or Systems development charges and if they have capacity.. keep in mind many parcels in subdivisions that were basically built as recreational subdivisions decades ago.. ( think GLEN GARY GLEN ROSS and for sure watch that Movie is exactly how the industry was in those days) the original infrastructure was allowed to be built to maybe serve 20% of the development that was legal and now you have moratoriums and assessments etc etc..
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15 July 2024 | 23 replies
Its meager 10,000 population also makes it the 11th largest city in WY, so if WY is my target market, its actually one of the larger markets in this sparsely populated state.
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9 July 2024 | 5 replies
Now I have added my largest monthly transactions (my mortgage and student loan amounts) to that minimum and my account reads "keep above $4,000".
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8 July 2024 | 3 replies
There are two things that give me pause in trying to recreate our original success.1- Location, location, location... and how that translates into occupancy.