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20 January 2025 | 6 replies
I was just on their website looking at the permit process:CityofSac-STR PermitLooks like 90 days max until you get a conditional use permit but still reading as it seems a little unclear:A short-term vacation rental may operate from a location that is not the operator's primary residence for a total of 90 days in a calendar year.
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2 February 2025 | 9 replies
My only concern to look out for is that things can go 'rural' pretty quickly if you start venturing outside of town, and most lenders are going to put the brakes on financing if the appraisal lists the property as 'rural' (has to do with what they perceive as the availability of future tenants).Watertown, NY - It probably is as good as you believe, but the lending licensing is pretty tricky up there, so its just bit more difficult to find lenders that operate up there.
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28 January 2025 | 4 replies
I would focus my attentions here and try to stay local (within a 4 hour drive) as the POH rentals require more engagement.Financing is a tough deal... but sometimes you can find those Mom and Pop operations with quite a few POH rentals that will work with seller financing on a reasonable interest rate with a balloon within 5-7 years.
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29 January 2025 | 9 replies
They'll probably also want to be sure that you are competent to operate the property afterward, because their reputation is tied up in who they do business with, and it's bad for everyone if the property becomes devalued.
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20 February 2025 | 32 replies
Generate reports to easily see how your properties are performing, all within a user-friendly interface.Peace of Mind with Banking: The FDIC-insured banking features with high-interest rates and physical debit cards are a huge bonus.
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19 January 2025 | 56 replies
MHP is a mature space with many proven operators.
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28 January 2025 | 42 replies
I also broker ALR's in Colorado, and create deals in which I connect operators with landlords looking to lease option the properties.PM me so we can connect!
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22 January 2025 | 0 replies
The successful flip generated a quick profit, demonstrating the strength of our market strategies and partnership.
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24 January 2025 | 21 replies
It is already renovated, tenant-occupied (or ready for tenants), and generating income from day one.
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28 January 2025 | 1 reply
For real estate investors, that means lower operational costs for managing properties and cheaper construction expenses.