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1 August 2024 | 10 replies
Definitely that was money making time in terms of operations and appreciation as well.Things have changed now, there is so many STRs now that people are renting for 100-150 USD a night which is like a motel price.Now it may make sense from the perspective of, if Poconos is where you travel a lot with family or you are buying full cash to park the money, or tax strategy or various other personal reasons could be there where it might make sense to invest there.But coming in from the perspective of an investor who are new or have little experience and are trying to build wealth from not too heavy asset portfolio.
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1 August 2024 | 16 replies
There is so much information and noise out there, might be helpful to just find a local community to get your feet wet.
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2 August 2024 | 53 replies
This is why forecasting 2024 is so important lol By Pivot year, are you referring the Fed pivot or are you saying its pivotal in regards to the structural changes that could be coming as @James Hamling is mentioning when it comes to the FED action?
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31 July 2024 | 5 replies
This is why doing a live in flip is so valuable.
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31 July 2024 | 4 replies
Having a great property manager is so important.
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1 August 2024 | 22 replies
I would guess the price they are willing to pay is so low, probably 30% APR, you wouldn't find anything you could make money on.
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1 August 2024 | 71 replies
So wtf is so special about 180 units then?
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30 July 2024 | 3 replies
That is SO COOL!
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30 July 2024 | 4 replies
I understand why they are used, but personally I would rather leave a voicemail and have a warm body call me back than deal with another automated system.Think of it this way: if someone is so urgently looking to sell a property that they can't wait for a call back in 1 business day, do you think they are going to sit through some automated system?
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31 July 2024 | 19 replies
, which is indicative of either the broker having no idea of what an appraisal entails and how it relates to the subject property or the mortgage broker is so weak that he is afraid to educate the borrower as to the reality of obtaining commercial loans without appraisals.