Matthew Drouin
$1.5M to $3.125M in 18 Months
18 December 2024 | 11 replies
In 2021 we bought the building for $1.5M using private lenders, pushed the occupancy from 50% to 80% occupancy and it appraised for $3.125M, allowing us to pay back the private mortgage.Right now, we are in the predevelopment process of design and piecing together the capital stack for the redevelopment deal, which will be made up of historic tax credit equity, RestoreNY Grant, DRI Grant, etc.
Sonia Vanegas
advice on landlord threating to void clause in lease and raising rent
16 December 2024 | 21 replies
The areas designated for painting should be painted thoroughly to ensure that no previous color is visible.
John Williams
short term rental or longterm for more cash?
16 December 2024 | 14 replies
Most people who make a ton on Airbnb hire out designers, put in flashy amenities, and create a true experience.
Suganya Vinayakam
How much new ADU build increase value of the home in california
25 December 2024 | 60 replies
For example in city of San Diego you can designate a few units as affordable units and build 15 units in a single family zoned area.
Danielle K.
How long once going live on Airbnb did you start getting steady bookings?
18 December 2024 | 12 replies
I don't know your market but it looks like a lot of thought went into the design and layout.
Matt Stull
Buying a STR in Red River Gorge
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.
Anna Granofsky
Shared Housing Advice
18 December 2024 | 6 replies
Although this is going to be different with a shared kitchen.
Madhu Kongara
Seeking Guidance on Building a New Cabin in Chalet Village
11 December 2024 | 8 replies
I’ve also been in touch with a design team, and they’re quoting a fee of 10% of the total construction cost.
Marcus Auerbach
Why getting into real estate primarily for cash flow is wrong - and even dangerous
3 February 2025 | 44 replies
A business has an inverted financial profile: it is literally designed for cash flow.
Anthony Hillman
Nice to meet you all
14 December 2024 | 2 replies
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