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27 March 2024 | 7 replies
I'm not sure the specifics of that market but my initial gut reaction would be that 90+ day stays may be a bit too limiting to make an MTR worth it. 90 days could work well with the average 13 weeks for travel nurse contracts but may limit your digital nomads, business traveler, etc bookings.
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25 March 2024 | 8 replies
It's fantastic to see your enthusiasm for embarking on this journey to financial freedom.We're excited to see your progress and celebrate your achievements along the way.
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25 March 2024 | 3 replies
I think this could be for a variety of reasons but likely has to do with the fact that remote work seems as though it is here to stay allowing for more digital nomads, professionals to live/move cities more easily or even just "check out" a new location for a few months.Couple of key takeaways:-Casting a wide net and not focusing only on traveling nurses for example-Knowing your market and target clientele-MTRs are ideal for corporate travelers -How you operate your MTR is key to success (responsiveness to request, amenities, etc)-Protect yourself with a security deposit and ensure your lease fits your property/marketArticle: https://www.azibo.com/blog/mid-term-rentals-pros-and-cons-fo...Curious on everyone's thoughts on this article and overall market trends!
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26 March 2024 | 16 replies
I am at low 8 digits profit from local RE with just 10 properties including over $2m appreciation on a single property.
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25 March 2024 | 7 replies
Take them out for a nice steak dinner to celebrate together.
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26 March 2024 | 22 replies
The views were stunning, it was just my wife and I (and the photographer), we got amazing pictures, paid a fraction of the cost -- then we had a party after our honeymoon and celebrated with friends and family (much less expensive as venues didn't see this as a "wedding").
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25 March 2024 | 13 replies
Indeed, not just Chicago but every major U.S. city & town throughout & across the entire USA has experienced THE GUT-DEEP AFTERMATH OF ALL THE FORECLOSURES CAUSED BY these foolish, racist-driven, so-called IMPOSTER financial experts in telling HUD to stupidly sponsor & support the creation & conniving/manipulative continuation of the Reverse Mortgage Industry, no matter how handsome TOM SELLECK or any other celebrity is!
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27 March 2024 | 43 replies
GAAP accounting, reporting to the Federal Government every month, and a business mind says: take the loss this quarter while we have income to offset.Account Closed foreclosure where borrower doesn't file BK or lie and change the title or other postponement ....s costs about $55000 today as digital processes and video hearings save time and money.There are better tools today.
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25 March 2024 | 118 replies
But the difference between that time and now is two things, in 1970s era the interest rate is in the high single digit.
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25 March 2024 | 25 replies
In my personal opinion I would only consider it if it were a home run multi year lease below market value with double digit ROI.