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4 July 2024 | 18 replies
I'm looking to connect to those who currently AirBNB properties in popular Northern Michigan cities: Traverse City, Boyne City, Petoskey, Harbor Springs, Mackinaw City, etc.
5 July 2024 | 3 replies
This might be easier to handle between tenants.Market and Economic ConditionsMarket Fluctuations: Be prepared for potential fluctuations in the real estate market that could affect property values and rental demand.Economic Factors: Consider economic factors such as interest rates, job market conditions, and tourism trends that could impact the Tahoe area.Exit Strategy:Backup Plans: Have a backup plan in case your circumstances change, such as if you decide not to move to Tahoe or if the rental market becomes unfavorable.Sale Considerations: Understand the process and costs involved in selling the property if needed.
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7 July 2024 | 4 replies
I currently have a SFH which is under VA home loan which I got for $281,500 in California.
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7 July 2024 | 10 replies
His current monthly Payment Breakdown:- Principal: $314.66- Interest (3.875% rate): $578.779- Escrow: $700.79-TOTAL monthly payment: $1,594.24Estimated rental income: $1.2k - $1.6k per month.Would love to somehow capitalize on the existing fixed rate, but at his current monthly payment and the estimated rent it doesn't seem like a great opportunity for cash flow.
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8 July 2024 | 20 replies
I am a current house flipper and looking to start converting into more passive investments and am really interested in the note investing concept.
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8 July 2024 | 2 replies
I do not know the markets you mention, but wonder how numbers could work today in a very mature market like Nashville with a current seemingly high vacancy rate due to lots of development in recent years.
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8 July 2024 | 15 replies
For most of the numbers I am running for an SFH 230 - 300K (with less than 20 percent down), I would have to be super aggressive with negotiating with the current interest rates.
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8 July 2024 | 12 replies
I will send current clients my past clients' homes and talk revenues, but there's no way to show, oh hey, this Denver STR pulled $90k this year but would have done only $70k if it didn't have the hot tub.It's nice to have that data to back up what I'm saying.
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8 July 2024 | 20 replies
A our most expensive items were AC units (I have yet to spend a single dollar on our tile roofs.) and they could be paid out of the current months rent.
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7 July 2024 | 5 replies
Now however, it's a completely different.My 2018 BP ArticleThe current VA website...VA LinkEffective January 1, 2020, there are no county loan limits for Veterans with full VA home loan entitlement.