@Justin Windham low fees and checkbook controls...got a Madison trust...any other recommendations?

Hi @Somesh MukherjeeFellow lender here - Not sure where you are in the process but as Matthew said - location is top priority, not just in terms of the tenant pool but depending on the loan program you're seeking (say DSCR), the comps in the area can also impact your appraisal and what rate and term you'll qualify for.

I also wanted to share it just in case somebody else is struggling it’s OK to struggle everybody makes mistakes and even when you lose everything I mean I was sitting there in March 2020 with a huge lawsuit I took about 150 grand put it into options and lost that too. yeah that was pretty stupid.

i was just in the (current) chat room and I don't think there is anything wrong with it at all.I think we should schedule some times for people to be in there and see how it goes.

@Justin R.It's an important metric because it can kill your cash flow especially if you only have a single investment.

Originally posted by @Justin Tahilramani:Originally posted by @Scott S.

Just in!

. - Traffic Count: 15k daily on main road near property and 190k daily on freeway just in front of property.- The city (5min away) redevelopment with new theatre, city walk, shops, outdoor skating, and more family friendly updates.- REIT's have purchased several facilities in the Boise metro (surrounding cities) area and are building (I wonder why??)

I have another friend who is expanding into the STR business with in KC (He owns the territory for the company he bought in to...right now he is just in STL)Happy to give you his info as well

@Rick Baggenstoss I was so glad that I read your post just in time.