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10 January 2025 | 9 replies
If you decide to revisit STRs, you might want to explore properties where you can project expenses independently, such as using local STR forums or online tools to estimate maintenance, management, and occupancy costs.For networking and strategy-building, you might find local meetups or groups beneficial.
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7 January 2025 | 5 replies
HML lenders want to see a clear path to profit, so ensure your ARV and rehab estimates are solid.For next steps, definitely prioritize a detailed inspection to confirm HVAC and interior needs.
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19 January 2025 | 354 replies
(as if they do not get what they need and run out of money then chances of winning a suit are nil)3.
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10 January 2025 | 18 replies
The reason that I did not think it was for me is it did not have a function for estimations.
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15 January 2025 | 12 replies
In fact, I would estimate that it is mostly upper middle-class folks that have the money and wherewithal to go through the vacation rental process - prepayment of substantial monies, etc.If you only have one property, I would just stick with Venmo, CashApp, or Paypal.
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16 January 2025 | 16 replies
How long did the renovation take, and how much do you estimate you would have made if you had chosen the wholesale route instead?
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15 January 2025 | 10 replies
Im reading a lot right now and this helps me a lot. 2 things I can't understand from properties I've looked until now ( which all requires a lot of work), 1- owners who wants to sell their property and tells me also the rehab price, which makes no sense for me,( even the rehab price for me, with a quick estimation is 30-40% less expensive then told to me. ), 2- Realtors that don't knows the ARV or rent price after rehab.Thank you again best, Ilir
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6 January 2025 | 3 replies
There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.
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12 January 2025 | 7 replies
@Placeholder PlaceholderOne word of caution I would advise: If a community or local government is enacting restrictions and also regularly enforcing them, then its often a reflection of the local community sentiment which increases the chance of a neighborhood or nearby resident calling you in if they think you may be running an STR.
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18 January 2025 | 15 replies
If the use of the funds are for business purposes, like investing in real-estate, you will have an easier chance of qualifying for a loan documentation and income wise.