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9 January 2025 | 4 replies
Our current manager is in Huntsville and it is becoming clear that we need someone more local to Cullman who can be on top of showing our listings and taking charge of maintenance and repairs as needs arise.
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9 January 2025 | 9 replies
Hard Money will usually finance 90% of your purchase price and 100% of your repair cost up to 70 or 75% ARV (after repair value).
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23 January 2025 | 56 replies
I read on Lee Arnold system . com that joining the inner circle gives access to up to 100% financing on residential loans including Property Purchase Price + Closing Costs + Rehab Costs if that amount is 65% of the after repair value (ARV) as determined by a third party appraiser.
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6 January 2025 | 11 replies
Got into the home with a low down payment , made repairs, rented and refinanced to pay off line and eliminate the PMI.
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22 January 2025 | 22 replies
My current occupancy rate is around 40%.Property Details:1,400 sq. ft. single-family home (3 bed, 2.5 bath)Weekend bookings are more frequent, with limited weekday staysWeekend rates: $150–$250/nightWeekday rates: $80–$100/nightAirbnb Listing: https://www.airbnb.com/h/vip-houstonWhat I've Done So Far:Created a brand-new Airbnb and booking.com listings to eliminate bad reviews from Airbnb and Booking.comHired a reliable cleaner ($150 per cleaning)Manually update pricing often on Airbnb (tried Pricelabs once and gave up when nothing improved within the month)Change my cover photo at least once a week or soListed the property on Airbnb, Vrbo, Booking.com, furnished finder, Zillow, and Facebook marketplaceScheduled handyman visits every six weeks for minor repairs and paint touch-upsI'd appreciate any feedback on the steps I've taken and suggestions on improving my listing and overall performance.
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3 January 2025 | 7 replies
You can get 90% of the future equity, but you do have to have a GC do all of the work for you so you cannot DIY for future repairs.
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7 January 2025 | 0 replies
Acquisition Target: $730K-$780K; ARV: $900K; Repairs: $120K.
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15 January 2025 | 8 replies
You'll need to cover inspections and repairs.
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9 January 2025 | 11 replies
The DST is losing $ due to upkeep costs (foundation, HVAC, normal repairs, etc.).