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8 January 2025 | 27 replies
You’ve heard from several experts I respect so nothing I say below is any reason to believe otherwise.
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5 February 2025 | 13 replies
If they are nice enough for AirBnB, then you are probably ok there as well since the stays will be short.
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25 January 2025 | 5 replies
(And for other brothers who might need it as well, just dm me.)Best of luck, bro!
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4 February 2025 | 10 replies
This is handy especially when the wholesaler is lying to the owner as well about their intentions.
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7 February 2025 | 10 replies
The biggest question I would ask is how well they know the area such as neighborhoods and do they have connections to building a CORE 4 such as great contractors, property managers, attorneys, etc
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31 January 2025 | 21 replies
We have ownership in 3 STR properties on Beech Mtn as well as one in Blowing Rock.
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7 February 2025 | 31 replies
Head over to bank rate or and take a look at the mortgage calculators, plug in the numbers and get an idea of what the property needs to generate to satisfy the intended debt.You still have to underwrite the deal for the non-finance expenses as well(typically 40-50% of the gross rents).
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3 February 2025 | 7 replies
In the Atlanta area they do well.
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25 January 2025 | 12 replies
@Travis TimmonsI had the same reaction as you did, but I held off on posting since I don't yet invest in STRs (I'm all LTR so far, and looking into my first MTR).Buying an STR "to offset income" makes me nervous as well...
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7 February 2025 | 9 replies
This post can be informational:https://www.biggerpockets.com/forums/51/topics/1088325-expla...as well as this discussion:https://www.biggerpockets.com/forums/51/topics/1225072-do-i-...A lot more of similar older threads can be found on this very forum.