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30 August 2024 | 29 replies
In short, if you're not renting every week of July-August and every weekend of the winter, you're taking losses, particularly given the ridiculous prices I'm seeing new investors pay farther north in vacation areas like North Conway or the White Mountains.And looking solely at North Conway's recent court case is a red herring: plenty of small towns around the NH continue to enact knee-jerk reactions and excessive permitting/regulations as a reaction to STRs assumed role raising housing prices and shrinking supply for local residents.
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28 August 2024 | 11 replies
Admittedly, this is not standard, and when installers arrived they said they can't and won't do it)Supplies not arriving on time and impacting scheduling.
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26 August 2024 | 4 replies
I appealed and supplied them with the new photo's, and upgrades.
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26 August 2024 | 18 replies
In our market that's solid base hit given the higher rates and lack of supply. 98% of the houses I see negative cash-flow without creative opportunities (MTR, STR, rent-by-room) or BRRRR.
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25 August 2024 | 1 reply
The months’ supply of inventory has risen to 4.5, up by 55.2%.
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27 August 2024 | 9 replies
Quick question:Did you disclose the “Massive foundation issue” to the end buyer before requiring the end buyer to supply a non-refundable EMD?
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26 August 2024 | 24 replies
@Matt Wells- DSCR loan will be your best bet if you are having DTI qualifying issues...make sure your rental income is ample to qualify
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25 August 2024 | 12 replies
I do know that some of the supply houses are great for lighting/electrical/plumbing/HVAC/etc.
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25 August 2024 | 12 replies
I think transunion has stopped supplying information in states where they don't believe they can comply with local law but they don't have an actual set of states listed like some services.
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25 August 2024 | 10 replies
There’s an electrical supply company that lists stuff on EBay and the cost was 1/3 what it would have been from our local electrical supply company.