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10 July 2024 | 0 replies
One of the principal industry concerns about the vast power granted to the Consumer Financial Protection Bureau was that these powers were too insulated from review….The ruling sends a crystal-clear message to federal agencies that their powers are not unlimited…We would not be at this point today if government agencies were more prudent and consistent about staying within their statutory authorities, grounding their rulemakings in empirical facts, and heeding appropriate procedural safeguards…Instead, too frequently, our regulators appear to be chasing headlines and short-term political wins.”National Association of Homebuilders - “Today’s Supreme Court ruling is an important step forward to advance meaningful regulatory reform because it means that federal agencies can no longer continuously change the law – and the intent of Congress – by implementing their own interpretation of statutes as long as the interpretation is viewed as being ‘reasonable.’
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8 July 2024 | 12 replies
They have provided us with actual data quantifying how much a certain amenity adds to your short-term rental revenues.I tell all my STR investors/second-home buyers in Colorado to get a hot tub, for instance, but while I know you do better, it's been hard to put numbers to it.AirDNA's March report has tried to tell us how much more revenue a home with X amenity gets over a home without X amenity.
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9 July 2024 | 6 replies
Rates, closing costs, and points also play a huge role in making the right move and can save you extra.You also want to make sure you have multiple terms like ARM products, Interest Only, No Prepayment penalties, etc.If you want to talk REI feel free to reach out I enjoy helping when ever possible.
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8 July 2024 | 0 replies
I'm particularly passionate about owning long term rental properties and growing my portfolio.Excited to learn and connect with you all!
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8 July 2024 | 1 reply
Purchase price: $194,500 Cash invested: $51,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.
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8 July 2024 | 15 replies
If you sacrifice short term profitability on your PM company for the long term benefit of building the PM company that will manage your future portfolio it should pay off.
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8 July 2024 | 3 replies
@Bunmi Joo Yes we do short term rentals !
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8 July 2024 | 2 replies
Which city would be the best investment for 2024 among Little Rock, AR, Atlanta, GA, and Nashville, TN for a buy-and-hold strategy aimed at long-term appreciation?
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8 July 2024 | 20 replies
The part that I am having trouble with is long term equity.
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8 July 2024 | 7 replies
There is a guy on youtube called AI Williamson - Leading Landlord: Cracking the Code: Analyzing Mid-Term rentals in your local travel Nurse Market.