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13 December 2024 | 17 replies
@Jason Tucker you need to add in your utilities, common area cleaning, and turnover costs to determine if it makes sense.
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16 December 2024 | 35 replies
Maybe in the future they will add the ability to create a balance sheet which could be beneficial.
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13 December 2024 | 2 replies
This is because VA loans are tied to the borrower’s personal ability to repay and require a creditworthiness review.VA Entitlement Consideration: If you’re assuming a VA loan, the original borrower’s VA entitlement may remain tied to the loan unless you’re a veteran eligible to substitute your own entitlement.2.
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15 December 2024 | 9 replies
Doesn't affect us, but it would affect anyone with a hot tub because it would really hinder your ability to refill it.
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19 December 2024 | 22 replies
That could be market knowledge, ability to rehab a property - something that can give you an edge over other experienced RE professionals in the market and asset class you are working in.
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16 December 2024 | 8 replies
I don't have the skill set YET to gauge rehab costs and try to BRRRR, but I'd like to learn.This is definitely a choice but my option is that you will do better if you focus on duplexes and cherry-pick a few SFRs as you come across them.As for your Strengths, it sounds like you have an excellent ability to save and your ability to bulk analyze data will serve you well to identify big-picture areas, property types, and characteristics to focus on.I like that you realize the first investment will not be your best investment.
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18 December 2024 | 12 replies
How trustworthy are they and are you confident in their ability to help?
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18 December 2024 | 15 replies
Since they can't do each property individually, they use comparable sales to make broad generalizations to determine percent changes.
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11 January 2025 | 67 replies
Even though you’re paying a slight premium for the convenience, the ability to scale and the fact that the company vets the properties makes it a solid choice.
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19 December 2024 | 13 replies
My concern, though, is committing to a long-term stay that could extend into the peak season, potentially limiting our ability to capitalize on higher demand during that period.Has anyone else faced similar challenges with their STR during the slow season?