James R.
Glut of STRs in Every Major Market. The Elephant in the Room.
28 October 2024 | 40 replies
Yes there are tons of vacation homes in the area, but too many of them have not been updated and as a result, they either don't rent or they have to cut their rates in order to attract guests.
Renee Coss
Real Estate Investing
27 October 2024 | 13 replies
Many investors want to invest in real estate, but find it too expensive where they live, so they turn to our market in Memphis, TN (Workforce City), attracted by the low barrier to entry and cash flow potential.
Kyle Jacques
Looking for guidance on STR
24 October 2024 | 36 replies
I recently created an IG page for property but not sure how to leverage that to attract more guests .
Ryan Leake
Behind the scenes of my STR management business
24 October 2024 | 1 reply
.- Testing Titles: We try out different listing titles to see which ones attract more clicks.5.
James McGovern
Are Flippers Still Willing to Pay Buyers Agents Directly?
24 October 2024 | 2 replies
From what I’ve seen, some flippers are still willing to pay buyer’s agent commissions, especially if they want to attract more buyers and make their properties more competitive.
Audrey Scott
First-Time Home-buying Guide
25 October 2024 | 2 replies
This is what the above illustration shows.Once you know the property profile that will attract your desired tenant segment, you can find properties, either off-market or on the MLS.You make all decisions based on achieving financial freedom, and there's little luck or guessing required.
Matthew Christofferson
New Member Intro. Where do I start?
25 October 2024 | 8 replies
Yeah, that seems the most attractive to me.
Daniel Llauger
Sell property owner to owner (owner finance)
23 October 2024 | 2 replies
Just be aware that this adds another layer of complexity, and you’ll want to check with both your lender and a real estate attorney to make sure everything is set up correctly.When it comes to terms, owner financing gives you a lot of flexibility:Interest rate: You want something attractive to the buyer but that compensates you for the risk of holding that second lien.Repayment schedule: You can choose a traditional 15- or 30-year schedule, or go with something shorter if you want to be paid off sooner.Balloon payment: Many owner-financed deals include a balloon payment, meaning the buyer pays off the remaining balance after a set period (usually 5-10 years).
Joseph Shuster
Negative Cashflow - STR
28 October 2024 | 46 replies
The area is putting up more and more tourist attractions which should continue to drive more growth.
Alison Saccoccio
Looking to buy my first STR property. Looking for financing input
23 October 2024 | 8 replies
I wanted to build because the area I’m looking is pretty competitive with STR’s and it has to be something unique and attractive and I feel this will be easier to accomplish building new.