Marc Shin
How to market to ideal guests or Avatar during the dead of winter
2 January 2025 | 12 replies
My property is located in a C+/B- neighborhood has the following landmarks nearby: -1.5 miles from a major university with a popular D1 NCAA college basketball team-1.5 miles from a children's museum-1.5 miles from an art and nature museum-1.5 miles from a beautiful nature parkIt's the dead of winter, and I'm wondering who I can market and how I can best market my property to on Airbnb.
Jimmy Edwards
Ready to do deals!
10 January 2025 | 9 replies
With your background in lease management and site selection, that could be a natural next step.Regarding STRs, I can understand the hesitation—accurate expense tracking is critical, and not having that data can make evaluating deals frustrating.
Alec Dressler
How to Determine Public Interest in a Potential Airbnb Property?
13 January 2025 | 15 replies
It has solar power, a compost toilet, and other things of that nature to be self-sustaining.
Ankit Lodha
Cash-our Refinance - DSCR
8 January 2025 | 13 replies
I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).
Jerell Edmonds
Spilt utlities or add another meter ??
1 January 2025 | 12 replies
Heating costs go up in winter, as does electricity due to the reduced natural light and more people indoors.
Keilon Morton
Hard Money terms for partnership
7 January 2025 | 5 replies
Because of the nature of a tax lien, it would be difficult to obtain financing from a commercial lender secured by the tax lien itself.
Devin James
Do you prioritize equity growth or cash flow in your investments?
5 January 2025 | 18 replies
They pay for themselves and put money in my pocket to build up a reserve for the next purchase.
Brian Chadwick
Selling one home to get three - smart or stupid?
13 January 2025 | 18 replies
If OP can lever-up while maintaining adequate reserves, he will be in better position than buying with heavy cash position.
Meghan Dreher
NEW STR coming to market algorithm optimization
20 December 2024 | 10 replies
For the first few reservations, I would put a lot of focus on bringing in good 5-star reviews.
Sara Holt
First timer getting creative??
12 January 2025 | 1 reply
Reason is a Heloc generally carries a higher rate on a shorter term and "Can Never" be used as an "Asset, or for PITI reserves" which are both required when you buy an investment property.