Hi all, we bought a STR in 2022 for 380k, renovated it for 200k in 2023, and rented it out in July, August, September of 2023 with an average stay of just under 6 days. We’re changing our plan for the property in 2024...
In order to put a property under contract I need to provide proof of funds I know that I can get that from a hard money lender but I don’t meet there criteria for a loan approval what should I do?
Now let's say I find a triplex that covers the 1% rule but combined cash flow from all 3 doors is roughly $150-$200 or would you want to keep it at $150-$200 cash flow per door with the 1% rule applying?
Hello everyone! I analyzed a deal and the numbers are looking great! However, it's a deal in a different state and during the Facetime showing, I could tell the tenants were gross and makes me think they don't care ab...