
17 May 2024 | 6 replies
The issue that you have, is that your guests experience will depent greatly based on the demographic that the motel building brings.I would pass and try to get a small multi-family building or see if you can buy the whole motel(to have more control).

14 May 2024 | 5 replies
I plan to move back to India soon and was wondering if at all it would be possible to remotely manage my properties from India (12 hour time difference makes real time communication a lot harder).

15 May 2024 | 14 replies
Yes - its based primarily on the property + borrower (credit and liquidity, experience is a plus, but 1st timers are generally ok with some DSCR Lenders, sometimes with a bit of a leverage limit)Check out this article - https://www.biggerpockets.com/blog/dscr-loans-what-are-they2.
16 May 2024 | 7 replies
I always think communication and cooperation are MUCH MUCH better than going to court to try to enforce anything.

17 May 2024 | 8 replies
This is based on a few dozen private lender programs that I utilize for my clients.o Rate buydown ratio: Current norm is a 4:1 ratio, or 1% fee for 0.25% off of rate.

16 May 2024 | 8 replies
They were very unhappy they had spent the money with TurboTenant and it is apparently not communicated that not all property managers/landlords will accept TurboTenant applications (which is true for the ones they haven't noticed are not using the TurboTenant applications apparently, which was us, until today).

16 May 2024 | 24 replies
We were nervous about signing up with a huge national firm as we are a very small home-based service business.

17 May 2024 | 7 replies
Looking for some insight and recommendations based off of what worked well for others.

17 May 2024 | 2 replies
I have a great base of knowledge, I have a real estate license in Idaho and an Insurance license in Utah.

17 May 2024 | 3 replies
Local brokers in your market will know the current cap rates for the property class, mainly based on recent comparable sales.