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10 February 2025 | 10 replies
I told the couple that I got an offer for $1,700 but wanted to ultimately rent to them but need the income.
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7 February 2025 | 22 replies
If the market is strong, holding could lead to future gains, especially with depreciation deductions offsetting rental income.
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1 February 2025 | 11 replies
They are a great tool becuase some lenders use AirDNA to qualifiy rental income if the property is not actively an AirBNB.
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11 January 2025 | 7 replies
I don’t have a loan on the property and hold it cash, but, if I sell it would lend the profits as hard money and earn 10%+.
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20 February 2025 | 8 replies
You might have to give up some income from the rentals but it gets you ownership of the park and time to fund long term financing.
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16 February 2025 | 5 replies
•Incoming Market Changes & Local News: Keep an eye on city regulations, new developments, and economic shifts that could impact STR demand.
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4 February 2025 | 38 replies
I think the OP is talking about property tax not income tax ??
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11 February 2025 | 22 replies
Speak to lenders, have a nice package together: they will want an SREO, your background, your assets/ income etc, they will want your "business plan", your underwriting, your capex breakdown line by line.
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11 February 2025 | 7 replies
I’d suggest focusing on securing solid DSCR loans—like those from thelender.com, which lends up to 80% LTV, considers STR income, and operates as a direct lender.
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13 February 2025 | 5 replies
You should be able to use departing residence income from the market rent when qualifying for a new primary purchase.