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14 February 2025 | 17 replies
This increases your chances of getting those extra nights filled.Airbnb’s Positive Feedback LoopAirbnb rewards high-performing listings with better visibility.
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12 February 2025 | 8 replies
Again, if your $250k is true, and includes all the electrical upgrades, new plumbing runs, potentially new foundation pour (since I assume the existing garage slab is not capable of supporting a new two story house), I am guessing since I don't know the market, but assume you will have a lot of equity by completing the project.
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26 February 2025 | 69 replies
Sullivan recommends the cooperative ownership model as the ideal structure for MHPs what is stopping you from forming either a high or low equity co-op and purchasing the park from SCI?
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21 January 2025 | 9 replies
Moreover, I would recommend prioritizing a W2 position over 1099 self-employment/sales for two reasons.
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30 January 2025 | 3 replies
I've never had something that low, but I'm also looking at roughly $30k in equity on this property.
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9 February 2025 | 3 replies
If one tenant moves out, the property remains cash-flow positive.
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9 February 2025 | 10 replies
Then generally the best advice is to buy in the best area that you can afford, even if the cash flow isn’t as good in year one you will get more market appreciation in equity and rent growth in the better area.
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26 January 2025 | 11 replies
It’s good to budget for unforeseen expenses.Regarding PMI, it’s worth discussing directly with your loan servicer since many lenders require holding the property for a period or reaching specific equity thresholds before removal.If market rents are $2,200–$2,500, hiring a property manager could help you optimize rent while taking the burden of tenant screening off your plate.
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25 February 2025 | 23 replies
If you can drive up the number of reviews (hopefully all positive) then you can also probably get a bump in the algorithms.
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25 February 2025 | 7 replies
Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and there's amazing appreciation potential.