I used Hostaway for the last year and the they recently snuck in a 1.8% fee for our direct booking site.

He did a good job but looking back on it now I think I could've done alot better with more insight and direction How did you finance this deal?

You can surely buy cheaper properties and obtain the same debt pay-down, but now you've got 5x the head-ache, so right asset class is more about efficiency when it comes to debt pay-down.Tax shielding is similar concept in that more expensive properties directionally give you more building basis to depreciate, which means less net income to tax.

Stop reading if you want.2) I couldn’t guess what “There is a 6 months of grace period before interest payment begins” means.3) They call their $3555 charge a “Loan Fee,” stated a few lines up as 2%. 2% of $235,000 (loan amount) is $4470.4) Do you seriously believe the loan fee, “… IS 100% REFUNDABLE IF THERE IS ANY DEFAULT FROM THEPART OF THE LENDER OR IF THE BORROWER CHOOSES TO TERMINATE THE LOAN.”5) It’s okay to pay an appraiser directly.

The times we’re re investing in just require a more creative and strategic approach than before.Disclaimer: My original post was removed by the moderation team. 

Hi Otis,Self-Directed IRAs (SDIRAs) can be a great tool for funding real estate deals, especially for private money deals.

@Andrew Grimmett If a seller is hesitant due to capital gains taxes, consider creative solutions: suggest an installment sale (seller financing) to spread tax liability over time, a 1031 exchange to defer taxes by reinvesting in another property, or a structured sale for flexible deferred payments.

When I contacted MFM, they told me to direct my complaints to Prime as they operate independently of them.

Ram, this is an established model in Texas and land oriented states that I have direct experience with.

As part of his investment of capital into scaling, he hired a marketing firm specializing in SEO, SEM, social media, direct email, etc.