April Smalls
Should I Refi?
18 December 2024 | 12 replies
Here are my thoughts about your decision to refinance.Process:Understand your current loan terms.Check your credit score.Compare offers from different lenders.Get your property appraised.Submit your application and go through closing.Considerations:Current interest rates vs. your existing rate.Amount of equity built in one year.Closing costs and fees.Your long-term financial goals.It's a complex decision, so consulting a financial advisor or mortgage specialist might be helpful.
Sino U.
If you were to start now, where would you choose?
11 December 2024 | 12 replies
It amazes me how much random transient travel it gets(bowling tournaments, pawn shop remodels, manufacturing employees, traveling photographers, etc).
Alyssa Dinson
What has been your experience with out of state investing?
16 January 2025 | 78 replies
Out of state investing gives you all of the headaches of local investing plus the costs of plane tickets and travel time.Also, never trust people, especially as a rookie.
Thu Pham
Best practices consulting with a PM/Co-Host when I don't have a property yet
3 December 2024 | 2 replies
Should I offer to pay them for their consultation, or are these types of questions common as part of the PM vetting process and is a "courtesy service"?
Anita Z.
How do you screen an STR tenant ?
25 December 2024 | 22 replies
It sure about VRBO as I haven’t travelled using them.
Nadia Jones
Do Term Sheets or Commitment Letters Show Financial Credibility to Brokers/Agents?
13 December 2024 | 4 replies
Great points from @Doug Smith and some I will be leveraging in my own work.We do some "pitching" of startups to landlords and while not a 1:1 comparison we generally also leverage the credibility of the team or consultants that the startup is using to mitigate their risk.
Jay Hinrichs
what is the fastest you have ever gotten title work or title report back
21 December 2024 | 10 replies
And when I was doing aheroshome.org and doing 1 hour consultations to BP members for a donation to our Charity..
James Masotti
Project management software - how do you manage your projects?
17 December 2024 | 17 replies
The Podio team at Citrix can you with this, and there are lots of third-party consultants like me to can help as well.
Derek Buehner
Tax deductions on a remodel for a future STR while living in it.
16 December 2024 | 8 replies
It’s always a good idea to consult a tax professional or real estate bookkeeper to ensure you maximize your deductions while staying compliant.
Phil Johnson
Taking the next step
19 December 2024 | 5 replies
I also do consulting from time to time to share how leverage and build a profitable holding company or fix/flip entity.