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21 February 2025 | 1 reply
I would ask Jay Hurst - he is on here and can probably do them but I am not 100% sure.
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20 February 2025 | 5 replies
I was just talking to someone yesterday who was actually coming across the same issue, not sure what you're looking for exactly but if it'd help to go through some ideas happy to share!
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12 February 2025 | 17 replies
But my gut might be saying no, the following are my thoughts and I'd love feedback:*Not sure a bump from 7 to 9 guests would meaningfully increase nightly rates.
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17 February 2025 | 11 replies
I can kind of understand that he wants to make sure I'm legit but that's a bit of a red flag for me.
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16 February 2025 | 7 replies
Quote from @Jaycee Greene: A few things I noticed, in addition to having the tenant pay the utilities are:1) Incorporate annual increases in rent higher than 2% (in your area, maybe 4%-5%) with a slightly smaller increase in operating expenses (say 2%-3%)2) With a gut rehab, I'm not sure why you need to spend $128/month on cap ex, at least for the first year or 2.3a) An 80% cash out refi is probably going to be hard to get.
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17 February 2025 | 1 reply
One key piece of advice is to make sure to build strong team around you.
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16 February 2025 | 2 replies
It would be worth it to me to offer an equity stake in exchange for cash, I'm just not sure how to fairly structure this for both parties.
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10 February 2025 | 2 replies
If you're lucky enough to get a free and clear property where the seller is willing to finance, this reduces much of the risk associated with seller-finance.I would make sure the title is then moved over to your name, especially since there is not a risk of a due-on-sale clause being triggered.
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9 February 2025 | 8 replies
At least with Whole notes worse case is you own the asset so just have to make sure you like the assets being used as collateral.
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17 February 2025 | 13 replies
Make sure you learn the markets.