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24 October 2024 | 16 replies
DSCR Loans can finance property types that conventional loans cannot (non-warrantable condos, condotels, unique properties or mixed use properties...)Jay was going to say those things as other Ifs i am pretty sure!
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23 October 2024 | 5 replies
I have read mixed reviews as to what I can ask the prospect; if you have any advice it would be greatly appreciated!
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22 October 2024 | 5 replies
Just make sure to check local zoning for mixed-use properties before you dive in.
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28 October 2024 | 46 replies
Consider collaborating with local influencers or travel bloggers for exposure.Local partnerships: Connect with local businesses, wedding venues, or event planners for potential referrals.Targeted advertising: Use Facebook/Instagram ads to reach potential guests interested in Smoky Mountain getaways.Seasonality strategy: Adjust your pricing and minimum stay requirements based on local events and peak seasons.Long-term rental mix: Consider mixing in some medium-term rentals (1-3 months) during off-peak seasons for more stable income.Have you tried any of these strategies?
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23 October 2024 | 6 replies
I personally like to have a mix of STR and LTR so that my portfolio is well diversified but my preference is LTR as I tend to focus more on appreciation than cash flow.
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24 October 2024 | 11 replies
A good broker can always add additional lenders to their mix if you get a really one off situation.
30 October 2024 | 94 replies
I got to 10 units in the first 10 months (not 10 properties though, some were duplexes) with a mix of 1. traditional financing, 2.
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29 October 2024 | 24 replies
Is it riskier to mix house hacking with the BRRRR method?
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23 October 2024 | 9 replies
Since you own a business, you know the importance of being hands-on, but short-term rentals will require a mix of sweat equity and automation, especially for guest turnover and property management (as an investor/broker I've worked with a lot of clients that have done STR, and are now pivoting to MTR).
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25 October 2024 | 23 replies
It's one of the few places where you can get a mix of great cash flow and appreciation potential without breaking the bank upfront.If you're curious and want to dig deeper, I’m happy to send over some resources that might help you get a better sense of Detroit as a market.