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22 January 2025 | 12 replies
From my understanding, as long as you intend on doing a STR when you close, there are no rules against changing your strategy after closing, especially if you find that something else is more profitable.So in our case, the lender determined an STR would bring in ~$3500/month (with all of their conservative factors), but now that we operate it as a huge 3300 sqft Co-Living property, it actually brings in $7000/month.
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10 January 2025 | 22 replies
It lists for an average $250/night which brings in $7500/month.
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21 January 2025 | 3 replies
(It’s multi-family but not entirely stabilized.)Rehab Costs: How much should I budget for bringing vacant units to market-ready condition?
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21 January 2025 | 15 replies
You need to do the research too if your area would be bringing in more money as an STR, some areas would do better as a long term rental as well.
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22 January 2025 | 12 replies
I'm new to this website and excited to learn from all of you!
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11 February 2025 | 25 replies
The problem with that is it'll be harder for the residents and the vendors to use the rentvine features as fewer people want to log in to a website from a smartphone.Also, it requires a lot of clicks/scrolling/opening new pages/tabs to get to where you want.
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23 January 2025 | 30 replies
I do like now though on our sig blocks we can put our website and then link to our projects but you know those could be fake to I could be faking all my projects.. :)
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21 January 2025 | 6 replies
The state website can also be very informative.
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23 January 2025 | 10 replies
To find reliable contractors, ask for recommendations from other investors, real estate agents, or your local hardware store, and check platforms like Angi or Thumbtack for reviews.It’s best to bring a contractor out after the inspection so you have all the details to discuss.
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27 January 2025 | 4 replies
A licensed agent can do all the things a wholesaler can do, and is a proven business model where the same hustle that any successful wholesaler brings to the table can be rewarded 10-fold more, with little in the way of legal obstacles.