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3 January 2025 | 2 replies
With less experienced or just poor planning operators, it isn't uncommon that they spend years distributing all the cash out to the owners, and then the time comes for a multi million dollar refresh to maintain the hotel brand, and no one wants to cough up the money back into the entity.
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14 January 2025 | 9 replies
Luckily here, but the time I'm done renovation we will be heading into the spring market - so that should fair better for marketThe other tenant dropped a bomb on me and told me he bought a house.
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24 January 2025 | 36 replies
Avantstay maintains superhost status with thosands of homes and reviews.
9 January 2025 | 0 replies
Calculating these losses involves documenting the fair market value of the property before and after the disaster, adjusted for any insurance or other reimbursements.
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2 January 2025 | 1 reply
I believe we would maintain this setup if we purchase the property.
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16 January 2025 | 1 reply
Our strategy is successful but requires investors to commit to a fairly intense prospecting and decision making pattern.
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8 January 2025 | 9 replies
Real estate investing has been a passion of mine for time with my mother also having invested early on where I likely have gotten the love and desire to follow similar foot steps.I have taken last 6 months to educate myself and currently own a single family home as primary residence and would like to expand to multi family properties (2-4 units) for additional stream of income, not to mention potential tax benefits for long-term investing.Based on current living situation, I have a fair amount of equity established in my primary residency along with having enough cash to either pay off house completely or use towards investing in a multi family property.Given that I'm the sole source of income for our household with my wife being the home maker for our two kids under 2, trying to weigh out risks with getting started now or perhaps waiting.
9 January 2025 | 7 replies
It's lower than 1.5%, sometimes I price deals out conventional & DSCR, DSCR beats conventional pricing a fair amount of the time.The only catch is the prepayment penalty on a DSCR loan.
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6 January 2025 | 3 replies
To thrive in real estate investing, you must maintain a firm grip on your finances.