Richy Johnson
need help structuring terms for a multi family or apartment complex
19 January 2025 | 1 reply
please let me know if you have successfully completed a creative finance deal and you have some terms example breakdowns i can take a look at much appreciated im trying to buy an apartment complex asap
Edreco Amos
Looking to get my first long term rental property | How is Miami's market?
27 January 2025 | 11 replies
I believe that while it is a buyers market and renters market right now, these conditions will change within 5 years, because: - The long-term fundamentals that drive people to migrate to Florida remain unchanged, and a steady influx is a reasonable expectation. - Supply will abate. 2026 and 2027 will see less than half the deliveries nationwide of of 2024 and 2025, respectively, and I bet that is even more extreme in a market like Tampa.
Joy Daniels
How Do You Stay on Top of Trends and Rules in Short-Term Rentals?
23 January 2025 | 11 replies
Quote from @Joy Daniels: As a short-term property manager I've seen how this industry changes so often—new guest trends, tech tools, and regulations seem to pop up all the time.
James Mays
Property Insurance - Out of state rental - Jackson, MS
16 January 2025 | 3 replies
I would consider adding loss of rents coverage.
Nora Douglas
Looking to develop a short term rental Corporate/wellness retreat
12 January 2025 | 1 reply
I’m looking to purchase a 10 acre parcel either in Columbus, Dahlonega, or Helen.I’d like to live on half the land, and develop the other half into five A frame luxury short term rental units.
Jesse Rodriguez
Miami Short Term Rental
7 January 2025 | 0 replies
Seller is the Agent.Seller bought property in January of 2023 for $730,000Current “As Is” Value : $770,000Target Acquisition Price: $730,000-$780,000 After Repaired Value: $900,000Repair Estimate: $120,000Initial Offer Amount: $715,000Loan Program: Bank Statement Program.Total Estimated Monthly Payments (Principal, Interest, Taxes, and Insurance) $5500/month (based on $770k purchase price)Estimated Gross Yearly Income from Short Term Rental: $160,000 (65% Occupancy, $700 a night| (STR Listing Comparable properties Listing 1 Listing 2 Listing 3)Net Monthly Income after management and taxes: $11,751.25Net Monthly Income after Mortgage Payments: $6251.25 ($75,015) Per YearTotal Cash Investment: $297,000 ($177,000 in down payment and closing costs and $120,000 in repairs)Average Yearly Return on Investment: 25% yearlyAverage increase in property value per year: 5%Average increase in booking revenue per year 7.5%Property Value average after 10 years: $1.5 millionTotal Cash received over 10 years: $1.3 million.Total Equity multiple min over 10 years: 6x total return on $297,000 invested.
Daniel Borgenicht
Investing in a condo as a long term rental
13 January 2025 | 3 replies
I think most people would agree that a single family home is better than a condo for a long term rental.
Jesse Rodriguez
Miami Short Term Rental
7 January 2025 | 0 replies
We operate a real estate, mortgage, and property management firm dedicated exclusively to Short Term Rental Investments.
Nathan Nathan
Help required to create LLCs in Wyoming/Georgia/Michigan
27 January 2025 | 11 replies
If your insurance coverage isn't enough, they could seize the LLC assets but not your personal assets.Additional thoughts:1.
Keilon Morton
Hard Money terms for partnership
7 January 2025 | 5 replies
What are some terms that would appeal to an investor?