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26 October 2024 | 6 replies
I have many years of construction experience and have also done a fix and flip, in addition to ground up construction, as well as 10 years of entrepreneurial experience running a paddle board rental company, and advancing science through developing theoretical methods for efficient large scale simulations...I guess my problem is I can't seem to figure out how to find the money to do more projects, which is why I've been trying to sell my house.
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4 November 2024 | 4 replies
This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.
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4 November 2024 | 24 replies
I'm wondering if the same lenders who financing STR's would consider Padspits.You may want to check this, but I would imagine that renting via Padsplit would be considered as a STR which have been highly restricted in the city of New Orleans, and the only way you can get a permit recently is to also live in the property.
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5 November 2024 | 5 replies
For example we took over a property from another management company and they only provided us with the lease and ledger and refuse to give us the application (this has happened many times).
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4 November 2024 | 1 reply
Purchase price: $101,000 Cash invested: $120,000 This is my first investment property and I’m hoping it goes well What made you interested in investing in this type of deal?
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4 November 2024 | 2 replies
I was curious to hear how some of you have found investors for your properties?
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4 November 2024 | 9 replies
Congrats on getting started on your investing journey, let me know if you have any questions regarding financing for investment properties!
5 November 2024 | 11 replies
I house hack in Denver, Colorado and I airbnb my property.
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27 October 2024 | 1 reply
Im a college student currently working on my capstone project where Im aiming to build a property management software.
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5 November 2024 | 0 replies
This has been super helpful for showing clients different possibilities for a property.