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10 December 2024 | 10 replies
Software: Stessa for accounting, Deal Check for quick and dirty analysis of potential purchasesMarket positioning: Pet-friendly (fenced-yard, accept dogs and cats), well-designed homes, off-street parking, suburban, full cable TV package (not streaming only)Pricing: Targeting upper-middle market (not budget-conscious guests)So far, so good (since 2020)
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7 December 2024 | 14 replies
I have 3 log cabins and 3 modern/contemporary designs.
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15 December 2024 | 25 replies
While Quickbooks is great, it's not a software designed for real estate investors like Baselane is.
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8 December 2024 | 1 reply
Then work with an architect for design.
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9 December 2024 | 1 reply
Architecture did a design and well respected contractor estimated the buildout of 4 plex would be an additional ~800k for total project cost of ~1M. it would be ~1.2M for the 7 plex.
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9 December 2024 | 21 replies
However the property has a freeway behind it and hence no rear neighbors /more privacy.You’re going to see low or negative returns with minimum down payments in that area unless you’re going BIG as in much larger homes and much heftier budgets for design/amenities.There’s great cashflow on the Clearwater/Largo/Seminole/StPete side - you’re looking at 2 high cashflow buckets that I call Tier 1 and Tier 2.
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10 December 2024 | 7 replies
Mainly I’m trying to avoid “aged poorly design” glassblock walls, small bedrooms, older windows (wood/aluminum, single pane), aluminum patio covers, and to a lesser extent landscaping.
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9 December 2024 | 7 replies
Designed for STR, reasonable, intuitive, great support.
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11 December 2024 | 8 replies
Ooh, just met an operator there and they're doing really well. https://www.bearbranchcabins.com/Sounds like the A-Frame design is doing much better since that's a trending renter demand.
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11 December 2024 | 10 replies
Summary: Portfolio product with 1% minimum down payment and no PMI requirement designed to benefit those heroes who serve and protect our communities.