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3 July 2024 | 21 replies
These factors didn't keep me from buying though, while watching some other small markets in the region where average nightly rents were sometimes higher.
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3 July 2024 | 7 replies
**Limited Lender Options**: As you mentioned, finding lenders willing to offer blanket mortgages can be challenging, especially in specific regions like Texas.Considerations for Your Situation:Given your portfolio of 5 SFRs with varying mortgage balances and property values, a blanket mortgage could potentially help streamline financing and leverage your equity for further investments.- **Risk Management**: Assess the risk of cross-collateralization and ensure you have contingency plans in place for potential property underperformance.- **Alternative Strategies**: Continuing with delayed lending (refinancing after repairs and tenant placement) has its merits, allowing you to build equity and stabilize cash flow property by property.Please feel free to DM me.
2 July 2024 | 8 replies
Ehhh my own fault.I'm deep on regional banks.I believe they are the back bone of American small business and all seem very well positioned.After reviewing many P&L's and balance sheets, I see lot's of value but time will tell.I'll either be a hero or a zero with this high risk investment.Wishing you much success and keep the dream alive
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2 July 2024 | 19 replies
Anyone looking for something that size and in this region would have been aware, and could have toured.
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2 July 2024 | 12 replies
@Atlas Blake I'll add my two cents given that I've been investing for a many years in the region:1.
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1 July 2024 | 13 replies
A lot are free.Yes you will need to remit taxes based on the regions rules.
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30 June 2024 | 4 replies
Hi MatthewI own and operate quite a few laundromats in the region.
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30 June 2024 | 9 replies
(Maybe because their banking partner is a small regional bank and doesn’t have enough business account experience?
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30 June 2024 | 5 replies
The Oregon Coast is ground zero for regions of the country that will in many ways become more inhabitable as temps rise, water dries and abundance of resources is more critical.
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29 June 2024 | 3 replies
This is directly from our regional MLS in Northern Nevada :)