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7 January 2025 | 0 replies
We operate a real estate, mortgage, and property management firm dedicated exclusively to Short Term Rental Investments.
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8 February 2025 | 22 replies
If so, you'll need to figure out why you're not making money - is it other operating inefficiencies or your debt terms?
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19 January 2025 | 9 replies
I can buy a 2-4 unit with 20% down vs conventional can only buy a 2-4 INVESTMENT property with 25% down 4. there are options where DSCR loans dont repot to personal credit, helps in not having to show a bunch of paperwork or not one person in a partnership has to carry the debt5. way less paperwork to close on this loan type vs a conventional loan. we care about the income of the property you're buying and it's ability to service the debt of the property whether we use long term rents income, lease income, or air dna/bnb income.6. easily buy in partnerships, add people to your operating agreement, its as easy as that so bring partners into a deal. helps with scaling and raising capital or getting partners involved7. gift funds allowed to close on these as well, and like I said earlier, there's only a 10day seasoning period of funds with some lenders so that means you can literally have a private money lender deposit money into your account 11 days before closing, and you can use those funds to close!
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12 January 2025 | 20 replies
@Matthew Drouin had a great reply:"Typically 50% of revenue is going to go right to operating expenses on small multi family.
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6 January 2025 | 2 replies
By the most important thing (if that's what you're doing) is to have a really good operator who knows the laws, has experience and is above board so they won't leave you high and dry.
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6 January 2025 | 5 replies
Any luck on motivating realtors in the area to actually get operating expenses/lease agreements for Jackson County specifically George?
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1 February 2025 | 56 replies
It works just fine if the operator knows what theyre doing and structures it correctly.
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9 January 2025 | 16 replies
Currently operating in 10 different markets across the Mid-south and Southeastern regions and would love to connect with you on what your goals are.
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6 January 2025 | 4 replies
Any additional screenings or criteria should be consistently applied to all applicants to avoid potential discrimination claims.Rental application fraud can be a significant threat to the financial and operational stability of running and operating a property.
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16 January 2025 | 4 replies
Post insolvency, the framework allows an assessment to all private insurers operating in the state to cover the difference which will subsequently pass the costs along to policy holders.