Baron Wheeler
Guidance midterm rentals in south Houston?
16 January 2025 | 7 replies
Is anyone actively doing midterm rentals in this general area and willing to help some new comers out?
Jonathan Baptiste
What I learned after 1 year of house hacking
17 January 2025 | 11 replies
.- >65K in rent collected- having someone to bring in Amazon packages when it is raining outside- generally having someone to watch over the property when out of town oftenI think the headache is worth it.
Jesse Rodriguez
Miami Short Term Rental
7 January 2025 | 0 replies
Seller is the Agent.Seller bought property in January of 2023 for $730,000Current “As Is” Value : $770,000Target Acquisition Price: $730,000-$780,000 After Repaired Value: $900,000Repair Estimate: $120,000Initial Offer Amount: $715,000Loan Program: Bank Statement Program.Total Estimated Monthly Payments (Principal, Interest, Taxes, and Insurance) $5500/month (based on $770k purchase price)Estimated Gross Yearly Income from Short Term Rental: $160,000 (65% Occupancy, $700 a night| (STR Listing Comparable properties Listing 1 Listing 2 Listing 3)Net Monthly Income after management and taxes: $11,751.25Net Monthly Income after Mortgage Payments: $6251.25 ($75,015) Per YearTotal Cash Investment: $297,000 ($177,000 in down payment and closing costs and $120,000 in repairs)Average Yearly Return on Investment: 25% yearlyAverage increase in property value per year: 5%Average increase in booking revenue per year 7.5%Property Value average after 10 years: $1.5 millionTotal Cash received over 10 years: $1.3 million.Total Equity multiple min over 10 years: 6x total return on $297,000 invested.
Chris Seveney
What is the Best Way to Grow as a Private Lender
13 January 2025 | 15 replies
We not only offered them a better comp package, but we offered them the opportunity to work for people who knew real estate investing as investors, not just as lenders.
Ashish Wa
Buying a rental into a Revocable Living Trust?
16 January 2025 | 3 replies
Is buying a rental into a living trust a good idea?
Eleanor Martin
SF Rental in Simpsonville, SC
9 January 2025 | 1 reply
It might be just me... but I don't think long term rental might be the move here.
Dylan Watts
Single family rental unit with a pool
14 January 2025 | 7 replies
We have had rental properties where the HOA had a community pool, that was ok with me.
Mike Sfera
Syracuse/Rochester Area Rentals
15 January 2025 | 8 replies
for fix and rental projects or for fix and flips?
Desiree Board
Advice for a new long term rental investor
15 January 2025 | 24 replies
If local options aren't a fit, expand your search to other markets with strong rental demand.
Aubrey Brendle
Looking for International Lenders/Rental Income Analysts
11 January 2025 | 5 replies
I saw Vacasa rental signs everywhere.