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20 January 2025 | 19 replies
so short window I suspect the marketing will start in earnest on March 15th though !!!
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26 December 2024 | 4 replies
Hey friends, I'm an agent in Daytona Beach and I locking in my first short term rental listing.
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24 January 2025 | 15 replies
These properties are now rented as long-term rentals, and we plan to expand our portfolio while also branching into short-term rentals.Looking back, I realize how much my current knowledge and experience could have fast-tracked our success.
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23 January 2025 | 2 replies
In short, you ride the 'coattails' of the previous owner's taxes for the first year.
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27 January 2025 | 11 replies
But your colleague may have been confused about Short Term Rentals (STR).
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21 January 2025 | 15 replies
As mentioned by @Chris Mason, Bridge Loans: These short-term loans can provide immediate financing until more traditional financing becomes available or until the property stabilizes and becomes more attractive to lenders.Interest rates and stipulations may be a pain.Out of the box here and requires a few more research, SBA Loans: Small Business Administration loans can be an option, especially the SBA 7(a) loan program, which can be used for hotel acquisitions.I heard someone mention - Mezzanine Financing: it involves a combination of debt and equity financing, which might appeal to some investors looking for higher returns.
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17 January 2025 | 3 replies
It is mostly investors in and around the atlanta metro doing everything from Short TErm Rentals to househacks to longterm rentals to fix and flip.
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14 January 2025 | 3 replies
If I have several options, I would prefer a HELOC with no initial draw requirements (i.e. to establish a literal line of credit that I have no specific short term plans to use), i.e. not something like the better.com HELOC.
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20 January 2025 | 4 replies
.): ~$1600Savings available: ~15-20% of the purchase priceCash to close: ~$34kRehab estimate: ~$34kRemaining reserves: ~$20-25kTo fully fund the rehab, I’d need to come up with an additional ~$15k in the short term, which I anticipate paying back quickly once the rental portion is generating income.
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11 January 2025 | 8 replies
If you find someone giving you confused looks, seek a mortgage broker that helps investors.I'm not so sure how they would calculate income from short-term rentals.